Treasury
Aoshikang Technology to Issue 1 Billion Yuan Convertible Bonds
Aoshikang Technology (SHE:002913) is looking to issue 1 billion yuan of six-year convertible bonds, according to a Monday filing with the Shenzhen bourse.The bonds will have an interest rate of 0.1% in the first year, 0.3% in the second, 0.6% in the third, 1.0% in the fourth, 1.5% in the fifth, and 2.0% in the sixth year. The initial conversion price is 83.96 yuan per share.Proceeds will help fund its high-end printed circuit board project, the filing said.
SHE:002913
