UNI MEDICAL (02666) Subsidiary Plans to Issue Corporate Bonds Up to RMB1 Billion

Stock News12-01

UNI MEDICAL (02666) announced that its wholly-owned subsidiary, China Universal Leasing Co., Ltd., has received approval from the China Securities Regulatory Commission to issue public corporate bonds in China targeting qualified investors, with a total principal amount of up to RMB8 billion. As of the date of this announcement, the remaining quota for these bonds stands at RMB5.4 billion.

The bonds will be issued in tranches, with the fourth tranche in 2025 having a principal amount not exceeding RMB1 billion (inclusive). The bonds will have a base tenor of five years, featuring issuer redemption options at the end of the third and fourth years, coupon rate adjustment options, and investor put options.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment