China Pingmei Shenma 5.9 billion convertible bond issuance

On March 16, the two listed companies of China Pingmei Shenma Group, Pingmei Co., Ltd. and Shenma Co., Ltd., successfully issued convertible corporate bonds (hereinafter referred to as convertible bonds). The largest refinancing in the history of the group was also the largest single refinancing of a state-owned enterprise in Henan Province in recent years,…