B · Normal
[Longfor’s issuance of corporate bonds of more than 2.7 billion yuan has been accepted, and the funds raised are planned to be used to support the repayment of 10 bonds] On September 17, the Shanghai Stock Exchange’s bond project information platform showed that Chongqing Longfor Enterprise Development Co., Ltd. plans to publicly issue corporate bonds of 2.73 billion yuan to professional investors, and the project has been accepted. The prospectus application draft shows that after deducting issuance expenses, all the funds raised from this bond are intended to be used to repay the principal of the corporate bonds or to replace its own funds used to repay the corporate bonds.
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