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Shanghai Electric grosses 6.00 billion yuan from debt offering

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Shanghai Electric grosses 6.00 billion yuan from debt offering

Shanghai Electric Group Co. Ltd. raised gross proceeds of 6.00 billion yuan from an offering of A-share convertible corporate bonds.

Credit Suisse Founder Securities Co. Ltd. was the lead underwriter.

As of Feb. 2, US$1 was equivalent to 6.26 yuan.