Zoomlion Heavy Industry Science and Technology (HKG:1157, SHE:000157) unit Zoomlion Finance and Leasing (China) intends to apply to register an issue of up to 1 billion yuan of asset-backed securities and credit bonds, a Thursday Hong Kong bourse filing said.
The bonds will be issued in China's interbank market or stock exchange for up to three years per tranche.
The Chinese high-tech equipment manufacturer will fully guarantee the issue of the bonds.