Shareholders of Tian Tu Capital (HKG:1973) will meet on July 28 to vote on the proposed issue of up to 300 million yuan of bonds in multiple tranches.

The maximum term of the bonds is 10 years, with details to be finalized at the time of a specific issue, a late Thursday Hong Kong bourse filing said.

The firm will use the deal proceeds for investments, replenish working capital, and repay debt.