Yangtze Power Plans Bond Sale Worth $1B

China Yangtze Power Co., the listing vehicle of the Three Gorges Dam project, has become the second company to disclose a bond-sale plan since the securities regulator issued new corporate-bond-issue rules in August. The power producer plans to sell eight billion yuan ($1.06 billion) of corporate bonds with a maturity of between five and 10 years.
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Posted by: on Thursday, August 30th, 2007