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BRIEF-Wanxiang Qianchao to issue commercial paper, medium-term notes, to acquire auto parts firm
December 14, 2016 / 9:26 AM / 9 months ago

BRIEF-Wanxiang Qianchao to issue commercial paper, medium-term notes, to acquire auto parts firm

Dec 14 (Reuters) - Wanxiang Qianchao Co Ltd

* Says it plans to issue up to 1.5 billion yuan ($217.39 million) commercial paper, 1.5 billion yuan medium-term notes

* Says unit signs agreement to acquire auto parts firm in hubei for 220.0 million yuan

Source text in Chinese: bit.ly/2hDWQTP; bit.ly/2gZipdu; bit.ly/2hscIIs

Further company coverage: ($1 = 6.9000 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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