Yuyuan Tourist Mart plans up to CNY 4bn bond issue
Shanghai Yuyuan Tourist Mart (Group) Co., Ltd. (SSE:600655) announced its preliminary plan to issue corporate bonds with a total value not exceeding CNY 4 billion. According to the filing, the proceeds will be used to optimize the company's debt structure, repay maturing debts, and supplement working capital. The bond issuance is subject to shareholder approval and regulatory registration. The bonds will be offered to qualified investors with a term of up to seven years, with interest rates determined by market conditions. The company reported total assets of CNY 11.894 billion as of March 2025, and stated it has no significant ongoing litigation or arbitration matters.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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