26 September 2018

SDIC Power approved for bond sales, filing says

The China Securities Regulatory Commission has approved plans by electricity producer SDIC Power Holdings Co., Ltd. (600886.CN) to issue up to 3.5 billion yuan (US$574.48 million) worth of corporate bonds, the company said in a stock exchange filing late Tuesday. The corporate bonds will be issued in several phases, with at least half issued in the first phase within six months, it said. The issuance must be completed within two years.

– Contact HKEJ at [email protected]



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