China's BYD preparing to issue notes via UBS

By Christine Van Dusen

Atlanta, April 8 - Hong Kong-based BYD (H.K.) is planning an issue of notes via bookrunner UBS, according to a company filing.

Proceeds from the Regulation S transaction will be used for business development and expansion and for general financing purposes.

BYD (H.K.) is a subsidiary of BYD Co. Ltd., a manufacturer of automobiles, handset components and rechargeable batteries.

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