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Prospect News home > News index > List of issuers Y > Headlines for Yunnan Energy Investment (Overseas) Co. Ltd. > News item |
China’s Yunnan Energy talks three-year renminbi notes at 5½%-5.6%
By Christine Van Dusen
Atlanta, Oct. 14 – China’s Yunnan Energy Investment (Overseas) Co. Ltd. set talk at 5½% to 5.6% for its offering of renminbi-denominated and benchmark-sized notes due in three years, a market source said.
Guotai Junan International is the global coordinator, joint lead manager and joint bookrunner. ABC and Huatai Financial are the joint lead managers and joint bookrunners.
The proceeds will be used for potential future acquisitions and investments, as well as for working capital and general corporate purposes.
The issuer is a subsidiary of Yunnan Provincial Energy Investment Group Co. Ltd., a Kumming-based developer of wind projects.
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