GD Power Development Co. Ltd. raised gross proceeds of 4.00 billion yuan from an offering of 2.94% bonds due Oct. 12, 2019.
Shanghai Pudong Development Bank Co. Ltd. was the lead underwriter.
As of Oct. 10, US$1 was equivalent to 6.71 yuan.
GD Power Development grosses 4.00 billion yuan from debt offering
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GD Power Development Co. Ltd. raised gross proceeds of 4.00 billion yuan from an offering of 2.94% bonds due Oct. 12, 2019.
Shanghai Pudong Development Bank Co. Ltd. was the lead underwriter.
As of Oct. 10, US$1 was equivalent to 6.71 yuan.