Brief: China Modern Dairy says unit to issue domestic short-term debentures in amount of RMB500 mln

China Modern Dairy Holdings

22/01/2017 22:42

Jan 23 (Reuters) - China Modern Dairy Holdings Ltd  1117.HK  
    * Issue of domestic short-term debentures in prc by Modern 
Farming (Group) Co., Ltd., a non-wholly owned subsidiary of 
company 
    * Issuer has resolved to issue domestic short-term 
debentures in PRC with an aggregate principal amount of rmb500 
million 
    * Net proceeds of tranche of domestic short-term debentures 
will be used for repayment of bank loans, supplement of working 
capital 
    * Issuer is Modern Farming (Group) Co. Ltd 
 
Source text for Eikon:  ID:nHKS17kJsv  
Further company coverage:  1117.HK  
 
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