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Name | Symbol | Market | Type |
---|---|---|---|
Dongfeng Motor Group Company Ltd (PK) | USOTC:DNFGY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 14.65 | 13.67 | 15.23 | 53 | 21:04:24 |
By Joanne Chiu
Chinese auto maker Dongfeng Motor Group Co. (0489.HK) said Friday it plans to issue bonds outside China to refinance a loan to fund its investment in French car maker PSA Peugeot Citroën (UG.FR).
The Hong Kong-listed company didn't disclose the size of the planned bond issuance in its statement.
Earlier this year, the Wuhan-based car maker, one of the nation's biggest, invested US$1.1 billion for a 14% stake in the struggling French car maker.
Write to Joanne Chiu at joanne.chiu@wsj.com
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