China Oriental Group’s Jinxi proposes to issue short-term debentures, medium-term notes

By Rebecca Melvin

New York, July 29 – Hebei Jinxi Iron and Steel Group Co. Ltd., a wholly owned subsidiary of China Oriental Group Co. Ltd., proposes to issue short-term debentures and medium-term notes on the national interbank bond market in the People’s Republic of China.

Prior to the issuance, Jinxi will apply to the National Association of Financial Market Institutional Investors for registration approval in July, according to a company release.

In connection with the registration, Jinxi will submit documents related to the proposed issuance.

The iron and steel producer is based in Hong Kong.

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