September 11, 2019 / 12:20 PM / 8 days ago

CORRECTED-Huawei plans 6 bln yuan bond issue -prospectus

(Corrects issuer name to Huawei Investment Holdings from Huawei in paragraph 2)

By Sijia Jiang

HONG KONG, Sept 11 (Reuters) - Huawei Technologies parent said in regulatory filings on Wednesday that it plans to issue two tranches of 3 billion yuan ($422 million) bonds, each with three-year maturities.

Huawei Investment Holdings says it will use the funds to replenish working capital and invest in core businesses such as ICT infrastructure.

No issuance dates were given in the prospectus, which shows Huawei has applied for approval to raise a total of 20 billion yuan in the programme. ($1 = 7.1164 Chinese yuan renminbi) (Reporting by Sijia Jiang; Editing by Susan Fenton)

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