Feng Bamboo Textile Will Issue Second Short Fuse
Fujian
Phoenix Bamboo textile
Polytron Technologies Inc today issued a prospectus that the company will issue 50 million yuan short term financing coupons on 4 days, with a term of 365 days.
It is reported that the company registered and issued.
Quota
It is 100 million yuan, and it has been issued for 50 million yuan in the early stage. This period is second, and the issue amount is 50 million yuan.
The issue price of this bond is RMB one hundred yuan, fixed interest rate is used to calculate interest, and interest is determined according to the result of bookkeeping.
The current bond is unsecured. After the comprehensive evaluation of Shanghai new century credit rating Investment Service Co., Ltd., the credit rating of the short-term financing bonds is A-1, the issuer's credit rating is a grade, and the rating outlook is stable.
About raising
Use of funds
The announcement said that 5 million yuan of the proceeds will be used to supplement the liquidity gap of the issuer's Department, to purchase cotton yarn, to ensure the smooth operation of the issuer's production and business. The other 45 million yuan will be used to replace the issuer's bank loans, increase the proportion of direct financing, and optimize the debt structure, so as to further reduce the cost of comprehensive financing.
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