Guangzhou Baiyunshan Pharmaceutical Holdings (SHA:600332, HKG:0874) subsidiary Guangzhou Pharmaceutical is looking to issue 1.6 billion yuan in medium-term securities and ultra-short term financing bills for up to 2 billion yuan, according to a Saturday filing with the Shanghai bourse.
Both issuances are valid for two years, the filing said.
China Merchants Bank (HKG:3968, SHA:600036) and Industrial Bank (SHA:601166) are the joint underwriters of the issuance.