Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

UPS Sells 630 Million Yuan Commercial Paper for China Projects

June 18 (Bloomberg) -- United Parcel Service Inc. raised 630 million yuan ($99 million) in a commercial paper sale denominated in the Chinese currency, according to a statement from the company.

The short-dated, offshore yuan money market was “an alternative means for funding investments in China,” Andy Dolny, UPS’s treasurer said in the press release today. The sale took place on June 15, it said.

To contact the reporter on this story: Fion Li in Hong Kong at fli59@bloomberg.net

To contact the editor responsible for this story: Sandy Hendry at shendry@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.