Brief: Hope Education's Unit Submitted Application For Issuance Of Asset-Backed Notes

XJ International Holdings

15/12/2021 14:49

Dec 15 (Reuters) - Hope Education Group Co Ltd  1765.HK :
    * UNIT SUBMITTED APPLICATION FOR REGISTRATION & ISSUANCE OF
ASSET-BACKED NOTES IN AGGREGATE PRINCIPAL AMOUNT NOT MORE THAN
RMB1.06 BILLION
    * INTENDS TO USE PROCEEDS FROM PROPOSED ISSUANCE OF ABN TO
REPLENISH WORKING CAPITAL
    * TO USE PROCEEDS FOR EXPANSION OF EXISTING CAMPUS &
UPGRADES OF
AMENITIES OF COLLEGES AND UNIVERSITIES HELD BY SICHUAN HOPE
EDUCATION

Further company coverage:  1765.HK 

 ((Reuters.Briefs@thomsonreuters.com;))