Sangang Minguang will issue 600m bonds

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Publish time: 1st August, 2011      Source: ChinaCCM
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Sangang Minguang will issue about 600 million RMB 7-year term corporate bonds on August 1, and the coupon rate would be 6.2% to 6.7%.

Sangang Minguang expresses that those collected money will be used to repay bank loans and debts.