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GLP China: To Issue RMB1 Billion Of Panda Bonds Via China's Interbank Market.

17 Oct 2017 17:07

GLP is the first international company to issue panda bonds on both the Shanghai Stock Exchange and China's Interbank Market. Five-year bonds carry an annual coupon of 4.99%. RMB1.0 billion (US$152 million) offering was more than 2.6 times oversubscribed. Issuance is in line with GLP's natural hedge policy to optimize capital structure...

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Source: ShareInvestor Express