Tuesday, May 15, 2012

Sound Global

Sound Global: the Beijing-based water and wastewater treatment co has reportedly hired Deutsche and HSBC to arrange a series of credit investor meetings. The co apparently met bond investors in Spore last week and in HK yday. The co, which is listed in HK and Spore, has a yuan-denominated 6% convertible bond due 2015. Bloomberg data shows it has the equivalent of $774m of bonds and loans that mature before 2020.

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