M.L.S. issued green bonds approved, to 1 billion for LED expansion project

Yesterday (3) evening, Linsen Limited by Share Ltd (hereinafter referred to as the "company") announced that the company recently received the national development and Reform Commission "national development and Reform Commission on the issue of green bonds approved Linsen Limited by Share Ltd approved" (the change in corporate bond No. [2017]364), the company agreed to publicly issued green bonds of not more than 1 billion 500 million yuan of funds raised by 1 billion the annual 100 billion yuan for the light emitting diode (LED) expansion project, 500 million yuan to supplement working capital.

According to the announcement, after the listing of the bonds, only institutional investors involved in the transaction, the transaction places should establish the isolation system to prohibit individual investors to participate in transactions.

In addition, the bond period of 5 years, the form of a fixed interest rate, the annual simple interest per annum. The bonds with the issuer to adjust the nominal interest rate options and investors sell back option, namely in the duration of the bond at the end of third, our Limited by Share Ltd can choose up or down 0-300 basis points in the original bond coupon interest rate basis, investors will be entitled the bonds holding some or all sold back to the Limited by Share Ltd rawlinson.

LED more information, please click on the LED network or the WeChat public account (cnledw2013).