BRIEF-Guangzhou Baiyunshan Pharmaceutical Says GP Corp. Would Sell Accounts Receivable To Administrator

Reuters12-01
BRIEF-<a href="https://laohu8.com/S/GZPHF">Guangzhou Baiyunshan</a> Pharmaceutical Says GP Corp. Would Sell Accounts Receivable To Administrator

Dec 1 (Reuters) - Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd 600332.SS:

  • GP CORP. WOULD SELL ACCOUNTS RECEIVABLE TO ADMINISTRATOR

  • WOULD ESTABLISH SPECIAL SCHEME FOR ISSUANCE OF ASSET-BACKED SECURITIES IN AGGREGATE OF NO MORE THAN RMB3 BILLION

  • GP CORP. NOT YET CONFIRMED ADMINISTRATOR FOR ASSET-BACKED SECURITIES TRANSACTION AS OF DEC 1

Further company coverage: 600332.SS

((Reuters.Briefs@thomsonreuters.com;))

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