Zoomlion Unit to Apply for 1 Billion Yuan Bond Issue Registration

MT Newswires Live
30 May

Zoomlion Heavy Industry Science and Technology (HKG:1157, SHE:000157) unit Zoomlion Finance and Leasing (China) intends to apply to register an issue of up to 1 billion yuan of asset-backed securities and credit bonds, a Thursday Hong Kong bourse filing said.

The bonds will be issued in China's interbank market or stock exchange for up to three years per tranche.

The Chinese high-tech equipment manufacturer will fully guarantee the issue of the bonds.

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