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Article: China: China s Launch Vehicle Tech to issue RMB 1.1 bln in financing bills.

Article from:
TendersInfo
Article date:
September 4, 2009
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Byline: datta003

Long March Launch Vehicle Tech Co Ltd, a Chinese firm engaged in the manufacturing and selling of aerospace products, Thursday announced that it will issue up to RMB 1.1 billion in short-term financing bills.

The company said in a statement filed with the Shanghai Stock Exchange that the financing bills will have a maturity period not more than 365 days.

The coupon rate will be determined in the process of book building and will not be higher than the prime loan interest rate during the corresponding period of the issuance.

The ...

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