date:Mar 24, 2014
China Huiyuan Juice Group Ltd will issue US$150 million worth of convertible bonds to a unit of Temasek Holdings, the Singapore state investment fund, as the Chinese company seeks to borrow its investment experience to expand globally.
The bonds will be issued to Baytree Investments (Mauritius) Pte, and due in 2019, according to a statement yesterday. The bonds can be converted to shares of Huiyuan. On full conversion, Temasek will indirectly hold 7.68 percent of the enlarged share capital of H