[ET Net News Agency, 12 December 2017] Quanzhou Huixin Micro-credit (01577) said it
proposes to issue domestic corporate bonds of not more than Rmb500 million in aggregate
for a term of not more than three years to no more than 200 qualified investors through
non-public issue.
The interest rate will be determined after consultation with the underwriter of the
issue of bonds with reference to the market conditions.
The proceeds will be used to replenish working capital, repay bank loans and other
purposes as determined by the Board. (HL)