Article: China: Midea Group to issue RMB 1 bln in short-term bills.

Byline: babalu03

Midea Group Co Ltd, a leading electronics manufacturer in China, announced that it will float RMB 1 billion in 365-day short-term bills on the interbank market on Nov. 2. The company said in a statement that the proceeds from the issuance will be used to replenish working capital.

Dagong Global Credit Rating Co has rated the bills and the issuer A-1 and AA, respectively. Agricultural Bank of China and Bank of China have been assigned as the main ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!