China Business News: Oceanwide Real Estate to issue RMB 3.2 bln in corporate bonds

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Oceanwide Real Estate to issue RMB 3.2 bln in corporate bonds

May 6, 2009 (China Knowledge) - Oceanwide Real Estate Group Co Ltd<000046> on May 5 announced that it will issue up to RMB 3.2 billion in five-year corporate bonds this year, sources reported. The proceeds from the issuance will be used to replenish its working capital and partially repay bank loans. The issuance plan was approved at the Shenzhen-listed company's general meeting of sha

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