DGAP-News: Youbisheng Green Paper announces further details on planned bond issue
(firmenpresse) - DGAP-News: Youbisheng Green Paper AG / Key word(s): Issue of Debt/Bond
Youbisheng Green Paper announces further details on planned bond issue
15.10.2012 / 14:19
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Munich, 15 October 2012. Youbisheng Green Paper AG, a Chinese manufacturer
of environmentally friendly linerboard for the growing Chinese consumer
goods industry, has announced further details on the planned bond issue in
cooperation with Vantage Capital Markets HK Ltd, the Lead Arranger and
Bookrunner of the transaction. The bond will have a volume of RMB 500
million (approx. EUR 61 million), maturing in 2015. The annual interest
rate will amount to 10-12%, subject to investor demand. The private
placement of the bond is expected to take place within the next four weeks.
Since 2008, Youbisheng has been operating at full capacity and has
gradually increased its outsourced production since 2009. The company's
management is attempting to increase the production capacity by building a
third high-end testliner production line in Huanggang City, Hubei Province.
The new production line with a total investment of over RMB 700 million
(approx. EUR 85.4 million) will be financed by the funds raised from the
bond and operational cash flow. The new facility will have an annual
capacity of 300,000 tons, twice as much as the present production capacity.
About Youbisheng Green Paper AG
Youbisheng Green Paper AG is the German holding company of a Chinese
clean-tech leader of environmentally friendly produced linerboard from up
to 100% recovered fibres. The high-quality linerboard innovations of
Youbisheng take up a special position in the Chinese market and are
produced in the own production plant near Quanzhou City. They are used in
the packaging industry in the Fujian and Guangdong Province (together about
141 million inhabitants), especially for visually attractive sales
packaging and carrier bags of high-quality consumer goods.
Youbisheng has been operating as a paper producer since 2000. In fiscal
year 2011 and with its production plants operating at full capacity, it
manufactured almost 150,000 metric tons of linerboard, making it one of the
biggest linerboard producers in Fujian and Guangdong Provinces.
For further Information please contact:
Kirchhoff Consult AG
Yasmin Yaqub
Tel.: +49 (0)40 60 91 86 34
yasmin.yaqub(at)kirchhoff.de
Youbisheng Green Paper AG
Gustav-Heinemann-Ring 44
81739 München
contact(at)youbisheng-greenpaper.de
About Vantage Capital Markets HK Ltd
Founded in 2008, VCM HK offers cross asset brokerage solutions ranging from
execution to bespoke transaction structuring. VCM HK and its affiliate
Vantage Capital Markets LLP cover products from equities, equity
derivatives, fixed income and rates, to commodities, energy and foreign
exchange. Together they deliver world-class brokerage services to their
extensive client base of institutional clients including leading investment
banks, commercial banks, asset managers, hedge funds and corporations, via
teams of experienced professionals working in close co-operation.
Contact details:
Simone Alfredo Garofalo
Head of Alternative Financing Group
Simon Clowes
Managing Director
Vantage Capital Markets HK Ltd.
NewIssue(at)vcm.hk
Tel.: +85 (0) 2 2200 5150
Disclaimer concerning prognoses
This communication contains forward-looking statements Forward-looking
statements are statements that are not historical facts instead they
reflect the current views and expectations of Youbisheng Green Paper AG and
the assumptions underlying them about future events. Forward-looking
statements are subject to many risks and uncertainties. If any of such
risks and uncertainties materialize or if the assumptions underlying any of
the forward-looking statements of Youbisheng Green Paper AG are proving to
be incorrect, the actual results of Youbisheng Green Paper AG may be
materially different from those expressed or implied by such
forward-looking statements. Youbisheng Green Paper AG does not intend or
assume any obligation to update these forward-looking statements. Any
forward-looking statement speaks only as of the date on which it is made.
End of Corporate News
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15.10.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Youbisheng Green Paper AG
Gustav-Heinemann-Ring 44
81739 München
Germany
Phone: 089 - 451 63992
Fax: 089 - 451 63993
E-mail: contact(at)youbisheng-greenpaper.de
Internet: www.youbisheng-greenpaper.de
ISIN: DE000A1KRLR0
WKN: A1KRLR
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf
End of News DGAP News-Service
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188796 15.10.2012
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 15.10.2012 - 14:19 Uhr
Sprache: Deutsch
News-ID 192289
Anzahl Zeichen: 6095
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Kategorie:
Business News
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