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Weichai Power plans RMB 900 million debenture issue
New York, Jan. 17 - Weichai Power Co., Ltd. said it has mandated China Construction Bank Corp. to arrange a RMB 900 million offering of debentures.
The debt will mature in 365 days from Jan. 25, on Jan. 25, 2008.
Proceeds will be used for working capital.
Weichai Power is a Weifang, China, maker of diesel engines.
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