China Isotope & Radiation plans up to RMB 500 million of bonds

By Sarah Lizee

Olympia, Wash., April 25 – China Isotope & Radiation Corp. plans to issue up to RMB 500 million of bonds in one or more tranches, according to a notice.

The bonds will have a term of no more than three years.

Interest will be at a fixed rate, payable semiyearly or annually.

Proceeds will be used to replenish working capital and for other permitted purposes.

China Isotope & Radiation engages in the research and development, manufacture, distribution and service of nuclear products in China. The company’s headquarters are in Beijing.

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