Tianqi Lithium to Issue Up to 6 Billion Yuan of Debt

MT Newswires Live12-09

Tianqi Lithium (HKG:9696) said it plans to issue up to 6 billion worth of debt, according to a Hong Kong bourse filing Monday.

Shares of the lithium firm fell over 2% in late morning trade Tuesday.

The debt will be issued from time to time and will enhance the stability of the company's cash flow, Tianqi Lithium said.

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