ChemChina

ChemChina has revealed a new line of backers for its$44bn buyout of Swiss agribusiness group Syngenta, with investors including Morgan Stanleyand Bank of China buying a total of $20bn inperpetual bonds and preference shares in the deal. The refinancing of the Syngenta acquisition comes as bankers in Asia say they are preparingfor another merger: that of ChemChina and its rival Sinochem, in what is expected to becomethe world`s largest chemicals group sometime next year. A Securities and Exchange Commission filing showed that Bank of China has now become thelargest financier of the Syngenta buyout, with the bank purchasing $10bn in perpetual bondsfrom ChemChina. Perpetual bonds are a hybrid financing instrument that will probably betreated partly as equity on ChemChina`s balance sheet. ChemChina`s equity stake in the deal - the largest outbound acquisition for a Chinese group- remained at $5bn, according to the filings. Huagong Innovation Technology Co.,Ltd.HGIT is a professional provider of polyurethane automatic equipment and sealing system solutions.The company is located in the beautiful coastal city -Dalian. E-mail:hgcx@vip.163.com,info@hgcx.cn TEL: +86-411-39525022 FAX: +86-411-39525009 Website:http://www.hgcx.cn/enfoaming machineCNC PU Seal Pouring MachineFoam sealing gasket machineFoam sealing strip machine (FIPFG)Knurling machineBridge cut-off machineAluminum thermal barrier potting systemTwo-color laminating machine for AluminumPU Sealing gasket MachineAutomatic spreading machineDispensing machineStrip feeding foaming machine