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Prospect News home > News index > List of issuers C > Headlines for Chigo Holding Ltd. > News item
Published on 3/10/2014 in the Prospect News Emerging Markets Daily.

China's Chigo unit plans up to RMB 240 million medium-term notes

By Marisa Wong

Madison, Wis., March 10 - Chigo Holding Ltd. said indirect wholly owned subsidiary Guangdong Chigo Air-Conditioning Co., Ltd. plans to issue up to RMB 240 million of medium-term notes in a single tranche on or before May 4.

The subsidiary has mandated China Guangfa Bank Co. Ltd. as lead underwriter for the proposed issue.

Proceeds will be used for general working capital purposes.

Based in Hong Kong, Chigo designs, develops, manufactures and sells air conditioning products.


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