CSG Holding plans CNY 1.6 billion short-term debt issue

CSG Holding Co Ltd, one of China“s largest glass manufacturers, said it has registered with the National Association of Financial Market Institutional Investors to issue CNY 1.6 billion-worth of shor…

CSG Holding Co Ltd, one of China“s largest glass manufacturers, said it has registered with the National Association of Financial Market Institutional Investors to issue CNY 1.6 billion-worth of short-term debt. The issue proposal is valid until August 2010, and the company may issue debt in several tranches before that date, the firm said in a statement filed with the Shenzhen Stock Exchange. China Construction Bank will be the main underwriter for the issue, CSG added, without giving further details.