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FINWIRES

Shenergy Launches 2-Billion-Yuan Convertible Bond Offering; Shares Fall 5%

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Shenergy (SHA:600642) on Friday launched its offering of 2 billion yuan in convertible bonds.

Lottery results will be announced July 28, with payments due the same day, according to a Friday filing with the Shenzhen bourse.

Huatai United Securities, Orient Securities and China Securities serve as lead underwriters.

Shares of the power company fell 5% in recent trade.

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