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    Metersbonwe Apparel Will Issue 500 Million Yuan Short Margin.

    2011/3/8 8:47:00 28

    Metersbonwe Apparel Issue $500 Million Short Margin


       

    Metersbonwe apparel Limited by Share Ltd

    (002269.SZ) in March 3rd, it announced that it would issue 500 million yuan, 365 day unsecured short-term financing coupons on 8.

      


    The short selling rate is fixed interest rate, and the issuing interest rate is determined according to the bookkeeping and the centralized placing method.

    The date of interest is March 9th, and the listing date is March 10th. The due date is March 8, 2012.

      


    The company announced that 300 million of the proceeds will be used to repay bank loans, and 200 million yuan will be used to supplement short-term liquidity, mainly for purchase of shipping marks, tag and so on.

    Accessories, fabrics, ready-made garments

      


    China Merchants Bank (600036) is the main underwriter of this issue.

    According to Dagong international credit rating, the short term credit rating is A-1, and the company's main long-term credit rating is AA-.

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