Fufeng Group Limited (HKG:0546) Exercise Of Upsize Option Of RMB 205 Million At 106 Percent
Fufeng Group Limited (HKG:0546) (PINK:FFNGY), a leading vertically integrated manufacturer of corn-based biochemical products in China, has today announced the Joint Lead Managers have exercised the Option in full for RMB 205 million (equivalent to approximately US$30 million) in principal amount of Option Bond, bringing the total issue size to RMB 1,025 million (equivalent to approximately US$150 million) in aggregate principal amount of Bonds when the Option Bonds are issued.