-- China Resources Gas Group (HKG:1193) said its unit China Resources Gas Investment (China) issued bonds worth 2.5 billion yuan, according to an April 10 Hong Kong bourse filing.
Shares of the gas distributor were down over 1% in Monday morning trade.
The bonds have a term of three years and carry a coupon rate of 1.59% per annum.
The proceeds from the offering will be used to repay debt, replace certain bank loans, and replenish working capital.