[ET Net News Agency, 17 January 2018] Sunny Optical Technology (02382) said it agreed
to issue US$600 million 3.75% bonds due 2023.
The estimated net proceeds of about US$592.8 million will be used for funding capital
expenditures, fulfilling working capital requirements, refinancing existing indebtedness
and other general corporate purposes.
Citigroup Global Markets Limited and UBS AG Hong Kong Branch are the joint global
coordinators, Citigroup Global Markets Limited, UBS AG Hong Kong Branch and BNP Paribas
are the joint bookrunners and joint lead managers of the bonds issue. (HL)