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Bohai Capital to issue 1.82B yuan of bonds

Bohai Capital Holding Co. Ltd. plans to issue 1.82 billion yuan of bonds to qualified investors.

The notes will carry a tenure of up to three years and a coupon rate of 7.00%, the company said in an Oct. 10 release.

The bonds are set to be issued the same day.

As of Oct. 9, US$1 was equivalent to 6.92 Chinese yuan.