Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


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.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Zoomlion Gets Approval to Add Debt After Pricing 10-Year Notes

Dec. 14 (Bloomberg) -- Zoomlion H.K. SPV Co., a unit of Zoomlion Heavy Industry Science and Technology Co., said it has received bondholder permission to issue more debt, a day after pricing $600 million of new bonds.

The majority of bondholders agreed to amend the terms of its 6.875 percent bonds due April 2017 to allow it to borrow more, according to a statement to the Singapore stock exchange today. The company priced $600 million of 10-year notes at a yield premium of 456.2 basis points more than similar-maturity Treasuries, according to data compiled by Bloomberg.

Bondholders that consented to the changes before the deadline will receive $2 for every $1,000 of principal held, according to the Dec. 3 exchange statement.

To contact the reporter on this story: Rachel Evans in Hong Kong at

To contact the editor responsible for this story: Shelley Smith at

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.