Sichuan Chuantou Energy to issue up to RMB4bln convertible bonds
Xinhua Financein BEIJING
Sichuan Chuantou Energy Co.,Ltd. (600674.SZ) announced on May 19 that it plans to issue no more than 4 billion yuan worth of convertible bonds via public offering.
After deducting issuing costs, the raised funds will be all contributed to Yalong River Hydropower Development Company Ltd. to support the construction of Yangfanggou hydropower project. (Edited by Zhang Yuan, firstname.lastname@example.org)
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