China Business News: Zhejiang Provincial Energy to issue RMB 1.5 bln in financing bills

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Zhejiang Provincial Energy to issue RMB 1.5 bln in financing bills

Nov. 20, 2009 (China Knowledge) - Zhejiang Provincial Energy Group Co Ltd earlier this week announced that it will issue 180-day financing bills on the interbank market on Nov. 24, sources reported. The company hopes to raise up to RMB 1.5 billion through the issuance.The financing bills will be issued at face value and the yield will be determined in the process of book building.The bills will be

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