Tuesday, 03 July 2007

China Glass May Sell Its First Dollar Bonds to Yield More Than 9 Percent

(Bloomberg) -- China Glass Holdings Ltd., a Hong
Kong-listed glassmaker, may price its first dollar-denominated
bond sale to yield more than 9 percent.

The company plans to pay a ``mid-to-high 9'' percent range
for the five-year securities, according to an e-mail sent to
investors. China Glass said in June it hired Standard Chartered
Plc to help it sell as much as $120 million of debt.


Read more at Bloomberg Bonds News

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