E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/3/2016 in the Prospect News Convertibles Daily.

Yankuang eyes RMB 10 billion bonds exchangeable into Yanzhou shares

By Marisa Wong

Morgantown, W.Va., Nov. 3 – Yankuang Group Co. Ltd. is planning to issue up to RMB 10 billion of corporate bonds exchangeable into A shares of Yanzhou Coal Mining Co. Ltd. held by Yankuang. Yankuang is the controlling shareholder and parent of Yanzhou Coal.

The proposed bonds will have a term of up to three years.

The coal mining companies are based in Shandong, China.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.