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Prospect News home > News index > List of issuers S > Headlines for Sinotrans Ltd. > News item
Published on 6/5/2013 in the Prospect News Emerging Markets Daily.

China's Sinotrans gets approval for up to RMB 4 billion of bonds

By Marisa Wong

Madison, Wis., June 5 - Sinotrans Ltd. plans to issue up to RMB 4 billion of corporate bonds in China. The issuance examination committee of the China Securities Regulatory Commission approved the proposed bonds on Wednesday.

The company first announced plans to issue debt financing instruments in February but had not yet set an issue size.

Shareholders approved the debt financing instruments in April.

Sinotrans is a Hong Kong-based shipping company.


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