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Hong Kong’s ANTA Sports plans to offer up to RMB 3.6 billion bonds
By Marisa Wong
Morgantown, W.Va., Nov. 22 – ANTA Sports Products Ltd. said it has applied to issue up to RMB 3.6 billion of corporate bonds.
Proceeds from the public offering will be used to repay borrowings and as general working capital.
The issuance is still subject to Shanghai Stock Exchange approval.
The sportswear company is based in Hong Kong.
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