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BRIEF-China Minsheng Banking Corp says proposed public issuance of A share convertible bonds
March 30, 2017 / 3:17 PM / 7 months ago

BRIEF-China Minsheng Banking Corp says proposed public issuance of A share convertible bonds

March 30 (Reuters) - China Minsheng Banking Corp Ltd :

* Proposed Public Issuance Of A Share Convertible Bonds

* Total amount of proposed convertible bonds will not exceed rmb50 billion

* Board considered and approved,, resolution on public issuance and listing of a share convertible bonds by company.

* Proceeds will be used to replenish core tier-one capital of company

* Term of convertible bonds will be six years from date of issuance

Source text (bit.ly/2ocy9kc)

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