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China Yurun Food Group unit plans to issue up to RMB 2.3 billion MTNs
By Marisa Wong
Madison, Wis., Sept. 12 - China Yurun Food Group Ltd. announced that its wholly owned subsidiary, Nanjing Yurun Food Co., Ltd., plans to issue up to RMB 2.3 billion of medium-term notes to institutional investors in China.
The proposed issuance has been approved by China's National Association of Financial Market Institutional Investors.
China Yurun said it will make further announcements about the terms of the domestic notes.
The meat product manufacturer is based in Nanjing, China.
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