Bloomberg News

Shandong Gold Mining, Jiangsu Hongtu, CSR: China New Bond Alert

February 05, 2013

Shandong Gold Mining Co., Jiangsu Hongtu High Technology Co. and CSR Corp. are among issuers that may sell bonds in the nation’s debt markets.

Domestic Bonds

SHANDONG GOLD MINING CO.: The company plans to sell 2 billion yuan ($321 million) of 365-day bonds on Feb. 17, according to a statement posted on Chinamoney.com.cn, a website of the China Foreign Exchange Trade System. (Added Feb. 5)

JIANGSU HONGTU HIGH TECHNOLOGY CO.: The company plans to sell 400 million yuan of three-year bonds tomorrow, according to a statement posted to Chinabond.com.cn, the bond clearing house website. (Updated Feb. 5)

CSR CORP.: The company may sell as much as 5 billion yuan of medium-term notes after the board approved a plan to sell debt with maturities of five to 10 years to replenish working capital, according to a statement to the Shanghai stock exchange. (Added Feb. 4)

NEW CHINA LIFE INSURANCE CO.: The company plans to sell as much as 5 billion yuan of bonds this year with maturities of more than five years, according to a statement to the Hong Kong stock exchange. (Added Feb. 4)

CITIC DAMENG HOLDINGS LTD. (1091): The company plans to sell 1 billion yuan of bonds, according to a Hong Kong stock exchange announcement. (Added Feb. 1)

BANK OF NINGBO CO.: The lender won approval from the China Banking Regulatory Commission to issue 8 billion yuan of bonds, according to a statement to the Shenzhen Stock Exchange. (Added on Jan. 24)

GUANGZHOU AUTOMOBILE GROUP CO.: The company won approval to sell up to 6 billion yuan of bonds in multiple tranches, the first of which can be no more than 50 percent of the total amount, according to a statement to the HK stock exchange. (Added Jan. 23)

CITIC SECURITIES CO.: The company is seeking approval to issue up to 40 billion yuan of yuan-denominated debt in onshore and offshore markets, according to a filing to Hong Kong’s stock exchange. (Added Jan. 24)

HEBEI IRON & STEEL CO.: The company has regulatory approval to sell 5 billion yuan of bonds, according to a statement posted to the Shenzhen Stock Exchange. (Added Jan. 9)

SHANXI TAIGANG STAINLESS STEEL CO.: The company won approval from the National Association of Financial Market Institutional Investors to sell 9 billion yuan of bonds, according to a statement posted to the Shenzhen Stock Exchange. (Added Jan. 9)

Dim Sum Bonds

CITIC SECURITIES CO.: The company is seeking approval to issue up to 40 billion of yuan-denominated debt in onshore and offshore markets, according to a filing to Hong Kong’s stock exchange. (Added Jan. 22)

KEPPEL CORP.: The world’s biggest oil-rig builder may sell yuan-denominated bonds offshore, according to its chief financial officer Loh Chin Hua in a Jan. 15 interview in Singapore. (Added Jan. 16)

To contact Bloomberg News staff for this story: Rachel Evans in Hong Kong at revans43@bloomberg.net

To contact the editor responsible for this story: Shelley Smith at ssmith118@bloomberg.net


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