According to people familiar with the matter, Australia's Fords River Limited is considering issuing the first panda bond to raise about 3 billion yuan. The proposed three-year bond will be issued by Fords River Capital Management Co., Ltd. as the issuer and guaranteed by the parent company. The company plans to launch a roadshow in early September and complete distribution as early as October.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.