China: Brilliance Auto & CDB enter into financing deal

Brilliance Auto Group has entered into an agreement with China Development Bank (CDB) concerning the issue of the short-term bonds, to the tune of Yuan 2bn (US$296.6m). According to a report carried by Shenyang Daily, Brilliance Auto will issue the bonds in the local interbank market, in the next two years. Subscribe to Automotive World … Continued

• By Webmaster
• September 15, 2010