Pan Asia Environmental eyes HK$100 million three- to 7˝-year bonds

By Marisa Wong

Morgantown, W.Va., Sept. 22 – Pan Asia Environmental Protection Group Ltd. said it intends to issue up to HK$100 million of corporate bonds with a term of three to 7˝ years and a coupon of up to 6%.

Proceeds will be used for the company’s ordinary course of business and to finance any potential investment opportunities.

The Hong Kong-based company sells environmental protection products and equipment, carries out environmental protection construction engineering projects and manufactures environmental protection construction materials in China.

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