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8S9 - Snowbird AG News Story

€0.002 0.0  0.0%

Last Trade - 7:01am

Sector
Consumer Cyclicals
Size
Micro Cap
Market Cap £53.6k
Enterprise Value £-2.60m
Revenue £170.5m
Position in Universe th / 1049

BRIEF-Snowbird: Snow Bird (Hong Kong) issues RMB 400 mln bond

Thu 17th September, 2015 2:56pm
Sept 17 (Reuters) - Snowbird AG  8S9.DE : 
    * Snow bird (Hong Kong) issues bond guaranteed by Snowbird 
AG - issue size 400 million renminbi ($62.85 million), maturity 
2018 - hard underwriting by haitong 
    * Closing is expected to occur early next week 
    * Use of bond proceeds is intended for financing future 
growth and providing sufficient working capital for chinese 
operational company, especially in China and Europe 
 
Source text for Eikon:  ID:nEQ9hLJs9a  
    
Further company coverage:  8S9.DE  
 
($1 = 6.3645 Chinese yuan renminbi) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))
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