星期一, 14 7 月, 2025
Home PV Project Yingli Green Energy to issue CNY 1 billion bonds

Yingli Green Energy to issue CNY 1 billion bonds

China Knowledge reported that New York-listed Yingli Green Energy Holding Co Ltd one of the world largest vertically integrated photovoltaic product manufacturers in China plans to issue CNY 1.5 billion worth of debts on the interbank market on May 2.


The to be issued bonds comprise of CNY 750 million of five-year bonds and CNY 750 million of three-year bonds. Coupon rate will be determined in the process of bookbuilding. Both value date and payment due date is set on May 3 and the to-be-issued notes tradable on May 4.


The issuer said proceeds from the issue will be used to repay bank loans and replenish working capital. China Chengxin International Credit Rating Co Ltd has rated the issuer and notes AA and AA respectively.


China Development Bank has been assigned as the lead underwriter and bookrunner.

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