China Resources Gas Unit Issues 1 Billion Yuan Bonds

MT Newswires Live

01/28

China Resources Gas Group (HKG:1193) said its unit China Resources Gas Investment (China) issued notes worth 1 billion yuan, according to a Hong Kong bourse filing Wednesday.

The bonds, which are the first tranche of the medium-term notes, have a term of three years and carry a coupon rate of 1.71% per annum.

The proceeds from the offering will be used to replenish the working capital of CR Gas Investment China or its subsidiaries.

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