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NWS Plans to Issue 5 Billion Yuan Panda Bonds
NWS Holdings (HKG:0659) plans to issue 5 billion yuan Panda bonds in multiple tranches over two years after receiving necessary regulatory approvals, according to a Monday filing on the Hong Kong bour
NWS Holdings has applied for registration and proposed to issue corporate bonds not exceeding RMB 5 billion.
NWS Holdings (00659) announced that it has applied to the China Securities Regulatory Commission (CSRC) and the Shanghai Stock Exchange (SSE) in the People's Republic of China to register for the issuance of corporate bonds (Panda bonds) (proposed issuance) with a total amount not exceeding RMB 5 billion and will be issued by the company in multiple batches at an appropriate time.
NWS Holdings (00659.HK) has applied to register panda bonds of no more than 5 billion yuan.
NWS Holdings (00659.HK) announced on June 17 that it has applied to the China Securities Regulatory Commission and the Shanghai Stock Exchange to register for corporate bonds (Panda bonds) with a total amount not exceeding RMB 5 billion, which will be issued by the company in multiple batches at an appropriate time. The proposed issuance will take place within two years from the date of receiving the registration notice from the China Securities Regulatory Commission. The funds raised from the issuance of Panda bonds will be used to repay the group's interest-bearing bank loans, redeem perpetual capital securities, and supplement working capital.
Express News | NWS Holdings - Corporate Bonds in Aggregate Amount of Not More Than RMB5 Bln
Express News | NWS Holdings - Application to China Securities Regulatory Commission, Shanghai Stock Exchange for Registration & Proposed Issue of Corporate Bonds
NWS Holdings Granted Public Float Waiver Extension
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