-- China Resources Pharmaceutical (HKG:3320) unit China Resources Pharmaceutical Holdings completed the issue of 1.5 billion yuan of corporate bonds to qualified investors in China, according to a Thursday Hong Kong bourse filing.
The bonds carry a coupon rate of 1.65% per annum and will fall due in three years.
The unit will use proceeds for corporate debt repayment, working capital replenishment, project development and operation expenditures, certain investments, and other purposes.