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China Sea development to be issued no more than 3.95 billion convertible bonds

Source: Internet
Author: User
Keywords Convertible bonds no more than
Tags company convertible convertible bonds development it is it is proposed no more no more than
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China Sea Development (600026) January 31 Evening Notice that the company intends to issue no more than 3.95 billion convertible bonds, the period of 6 years, par interest rate range of 0.5%-3%. Company said that The issuance of convertible bonds will not be raised to more than 3.95 billion yuan, it is proposed to use $1.013 billion to pay for the construction of 3 110,000 deadweight tonnes of an oil tanker, to use 924 million yuan to pay for the construction of 8 tons of Mr Type of oil tankers, to use 48,000 yuan to pay for the construction of 360 million 2 DWT VLCC type tanker , it is proposed to use 1.65 billion yuan to pay for the construction of 6 76,000 DWT bulk cargo vessels.

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