Zhejiang Hangmin To Issue 550M Yuan Of Bonds - ResearchInChina

Date:2011-08-04     Source:liaoyanliuhongli  Text Size:

July 4 -- Zhejiang Hangmin (600987), a company which produces and sells textiles, printing and dyeing products, plans to issue 550 million yuan worth of corporate bonds with terms of less than five years, reports stcn.com, citing a company filing.

According to the company, funds raised will be used to repay bank loans, optimize its debt structure, and to replenish working capital.


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