Wireless player China Unicom has launched the first tranche of super and short-term commercial paper for 2014, amounting to Yn10bn (US$1.61bn).
The issue will be completed on Monday (24 March), when the final coupon rate will be revealed, according to a…
Wireless player China Unicom has launched the first tranche of super and short-term commercial paper for 2014, amounting to Yn10bn (US$1.61bn).
The issue will be completed on Monday (24 March), when the final coupon rate will be revealed, according to a filing with the Hong Kong stock exchange.
Last year, the state-controlled operator issued Yn50bn (US$8bn) in super and short-term notes, split between four tranches.
Beijing-headquartered Unicom is China’s second largest mobile operator and has 276 million subscribers. Spain’s Telefonica owns a 5% stake in Unicom.
