China Suntien Green Energy (SHA:600956, HKG:0956) plans to register and issue up to 3 billion yuan of medium-term bonds, according to a Saturday filing with the Shanghai bourse.
The bonds will have a term of up to five years, with the exact term to be determined according to market needs.
Proceeds will help fund project construction, repayment of subsidiary debts, and working capital.
Suntien's Hong Kong and Shanghai shares rose 1% during afternoon trading on Monday.
Datang International Power Generation (SHA:601991) issued 2.5 billion yuan of technology innovation renewable corporate bonds to professional investors, according to a Saturday filing with the Shanghai Stock Exchange.The bonds have a rate of 1.77% with a five-year term. They form part of the third tranche of a 30-billion-yuan bond program.Datang's Shanghai shares slid 4% during morning trading.
China Galaxy Securities (SHA:601881, HKG:6881) redeemed the principal and interest of its 4 billion yuan, 365-day bonds, according to a Saturday filing with the Shanghai bourse.The bonds have a coupon rate of 1.67%.Total principal and interest amounted to about 4.07 billion yuan.
China Jushi (SHA:600176) issued 500 million yuan of 261-day debts with a coupon rate of 1.55%, according to a Friday filing with the Shanghai bourse.Hengfeng Bank is the bookkeeping manager and lead underwriter, while Postal Savings Bank of China (HKG:1658, SHA:601658) is the joint lead underwriter.Shares of the fiberglass maker fell more than 4% in recent trade.