TBEA Subsidiary Gets Board Approval for 3 Billion Yuan Debt Issuance
TBEA (SHA:600089) directors approved the registration of subsidiary TBEA Xinjiang New Energy's 3 billion yuan debt financing instrument.The registration, valid for two years, will enable the subsidiary to issue ultra-short-term financing and short-term financing bonds and medium-term and perpetual notes, according to a Thursday filing with the Shanghai bourse.