Dalian: Tianjin Port Co., Ltd plans to issue RMB1bn in medium-term notes on 29 January. The notes will be issued in two stages, RMB500m for each.
The company said, funds raised from the first stage will be used to pay the loans for its subsidiary Tianjin Port Zhongmei Huaneng Coal Terminal Co., Ltd, and the capital collected from the second stage will be used to pay the loans of its subsidiaries which includes a RORO terminal company, a ship fuel company and an oil & chemical terminal company. [28/01/13]
