 Home > Chemicals Industry > China Chemical > Jindan Technology plans to issue 700 million yuan of convertible bonds

Jindan Technology plans to issue 700 million yuan of convertible bonds

 Last Update: 2022-10-23
 Source: Internet
 Author: User

Tags

malic acid supplement

6 aminohexanoic acid

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

　　Sinochem News On July 25, Jindan Technology disclosed a plan to issue convertible corporate bonds to unspecified objects
.
The company plans to issue convertible corporate bonds to raise a total of no more than 700 million yuan, of which 550 million yuan will be used for the 75,000-ton/year polylactic acid biodegradable new material project, and 150 million yuan will be used to supplement working capital
.

　　According to the plan, Jindan Technology plans to issue convertible corporate bonds with a term of 6 years, and the coupon rate shall be submitted to the company's shareholders' meeting to authorize the company's board of directors to negotiate with the sponsor according to national policies, market conditions and the company's specific conditions before issuance
.
The conversion period begins on the first trading day after 6 months after the issuance of the convertible bonds and ends on the maturity date
.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

Factory Direct Supply Thorium Oxide 99.9% CAS: 1314-20-1

CAS No.: 1314-20-1

Industrial Grade

$1-1.2/MT FOB

GUM GUAIAC powder

CAS No.: 9000-29-7

Chemical Grade

$55-66/KG FOB

ethylene glycol Liquid

CAS No.: 107-21-1

$0.9-1/KG FOB

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.