Pacific Andes Hires DBS, HSBC, Standard Chartered for Note Issue

Pacific Andes Resources Development Limited, a supplier of frozen seafood, hired DBS Group Holdings Ltd. (DBS), HSBC Holdings Plc and Standard Chartered Plc to arrange an issue of three-year yuan denominated bonds, the company said in a statement to the Hong Kong stock exchange today. The price and conditons of the notes are yet to be determined, it said.

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