trending Market Intelligence /marketintelligence/en/news-insights/trending/a7fp9MBKh1xaKXirnf4rTw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Zuoli Kechuang Micro-finance to issue 25M yuan of bonds

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity

Zuoli Kechuang Micro-finance to issue 25M yuan of bonds

Zuoli Kechuang Micro-finance Co. Ltd. plans to issue 25 million Chinese yuan of bonds.

The bonds will be priced with an interest rate of 6% per year and have a tenor of six months, the company said in a Dec. 23 statement. The bonds will be issued Dec. 28.

The offering is part of the company's plan to issue up to 600 million yuan of bonds. Proceeds from the issuance will be used to replenish liquidity for granting loans.

As of Dec. 26, US$1 was equivalent to 6.95 Chinese yuan.