China Suntien Green Energy plans up to RMB 1 billion debt instruments

By Marisa Wong

Madison, Wis., Sept. 5 - China Suntien Green Energy said it plans to issue up to RMB 1 billion of debt financing instruments.

The bonds will have a term of five years with a two-year extension option.

Pricing will be determined through a bookbuilding process.

Proceeds will be used for the construction of a wind power project.

The proposed debt instruments are subject to shareholders' approval at an upcoming general meeting.

The wind power and natural gas company is based in Shijiazhuang, China.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.