Shandong Chenming Paper Holdings Co., Ltd. Class H (HK:1812) has released an update.
Shandong Chenming Paper Holdings Limited has announced its plan to issue corporate bonds worth up to RMB1.2 billion, to be approved by shareholders at an upcoming extraordinary general meeting. The bonds, set for the domestic Chinese market, will have a maturity of up to five years and are aimed at professional investors. The specifics of the bond’s interest rate, repayment methods, and guarantee arrangements will be determined based on market conditions and company needs.
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