Greater China

Yingkou port to issue bonds

Dalian: The northeast China port operator, Yingkou Port Group, announced today that the company is going to issue company bonds to raise up to RMB1bn.

The funds raised will be used to pay bank loans and replenish the company’s operational capital.

The bond issue will help the company to get long-term operational funds and reduce financial pressures and secure the stable development of the company, according to the company. [16/10/14]

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