Wednesday, May 4, 2011

Global Logistics sells 3b yuan of 5, 7-year bonds

Global Logistics Properties, a Singapore-based provider of logistics near seaport hubs, sold 2.65 billion yuan ($502,000) of five-year, 3.375% bonds, according to data compiled by Bloomberg.

China International Capital Corp., JPMorgan Chase & Co., Goldman Sachs Group Inc. and Citigroup Inc. managed the sale, the data show.

Separately, the company sold 350 million yuan of seven- year, 4% notes, the data show.
 

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