China State Shipbuilding Corp. said Monday it will sell CNY3 billion ($439 million) worth of five-year notes Feb. 23.
The state-owned shipbuilder said it will sell the bonds on the interbank bond market and will use the proceeds to supplement its working capital and repay bank loans.
China Everbright Bank Co. and Citic Securities Co. are the deal's main underwriters, the company said.
The state-owned shipbuilder said it will sell the bonds on the interbank bond market and will use the proceeds to supplement its working capital and repay bank loans.
China Everbright Bank Co. and Citic Securities Co. are the deal's main underwriters, the company said.