[ET Net News Agency, 2 October 2018] Legend Holdings (03396) said it intends to make an
application to the China Securities Regulatory Commission for the public issue of the
corporate bonds with an aggregate amount of not more than RMB18 billion to qualified
investors, which are proposed to be listed and traded on the SSE upon successful
application for their issue.
The maturity period is expected to be not more than 15 years.
The proceeds will be utilised in repayment of interest-bearing debts, replenishment of
working capital, project investments and equity investments. (SC)