February 27, 2017 / 9:36 AM / 5 months ago

BRIEF-Sichuan Changhong Electric, shareholder plan exchangeable bonds

1 Min Read

Feb 27 (Reuters) - Sichuan Changhong Electric Co Ltd

* Says it plans to use its shares in Hefei Meiling to issue exchangeable bonds worth up to 500 million yuan ($72.79 million)

* Says controlling shareholder plans to issue up to 1.5 billion yuan exchangeable bonds

Source text in Chinese: bit.ly/2m1slZQ; bit.ly/2l2sJHW

Further company coverage: ($1 = 6.8690 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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