Youbisheng Green Paper plans three-year bond issue via Vantage Capital

By Susanna Moon

Chicago, Oct. 11 - Youbisheng Green Paper AG plans to issue a three-year bond with a volume of RMB 500 million and overall investment amounts up to RMB 700 million.

Proceeds will be used to finance a third high-end testliner production line in Huanggang City, Hubei province, according to a company press release.

The placement requires approval of the supervisory board.

Vantage Capital Markets HK Ltd. is the lead arranger and bookrunner, and Maple Asset Management Ltd. is the global coordinator.

Youbisheng is a Munich-based holding company engaged in the clean technology sector and a manufacturer of linerboard in the combined Fujian and Guangdong region of China.

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