GLP's HK unit plans to sell panda bonds worth 10b yuan
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Hong Kong
GLOBAL Logistic Properties subsidiary Iowa China Offshore Holdings (Hong Kong) plans to sell panda bonds of 10 billion yuan (S$2.1 billion) as the company strengthens its market position on the mainland.
The size of the first offering under the 10 billion yuan fundraising plan is expected to be 1.5 billion yuan, according to a preliminary prospectus.
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