HomeProduct Complimentary download Jiuli Special Material to issue short-term bonds worth RMB 200 million

Jiuli Special Material to issue short-term bonds worth RMB 200 million

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Publish time: 5th March, 2013      Source: ChinaCCM
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On March 4, Zhejiang province-based Jiuli Special Material Technology Co. has announced that it plans to issue its first short-term bonds in 2013 worth RMB 200 million ($32.2 million).The period of issuance of the short-term bonds is one year, with China Merchants Bank (CMBC) as the main consignee.   Accordingly, the raised funds will be used to improve the financing structure of the company and supplement its working capital.