E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers W > Headlines for Weichai Power Co., Ltd. > News item
Published on 9/1/2017 in the Prospect News Emerging Markets Daily.

China’s Weichai to issue dollar-denominated perpetual securities

By Rebecca Melvin

New York, Sept. 1 – Weichai International Hong Kong Energy Group Co. Ltd., a subsidiary of China’s Weichai Power Co. Ltd., plans to issue dollar-denominated perpetual securities (expected ratings: BBB-/BBB+), according to a market source.

The proceeds will be used to refinance existing borrowings and for general corporate purposes.

Weichai Power is a Weifang, China, maker of diesel engines.


© 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.