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BRIEF-Jointown Pharma to issue up to 3 bln yuan asset-backed securities
December 19, 2016 / 11:59 AM / a year ago

BRIEF-Jointown Pharma to issue up to 3 bln yuan asset-backed securities

Dec 19 (Reuters) - Jointown Pharmaceutical Group Co Ltd

* Says it plans to issue commercial paper, medium-term notes

* Says it plans to issue up to 3.0 billion yuan ($431.75 million) asset-backed securities

Source text in Chinese: bit.ly/2hLiItB

Further company coverage: ($1 = 6.9485 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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