Genertec Universal Medical Group Company Limited (Universal Medical) disclosed that its wholly-owned leasing arm, China Universal Leasing Co., Ltd., has initiated the second tranche (T2) of a multi-phase onshore bond programme approved by the China Securities Regulatory Commission.
Key parameters • Programme size: RMB8.00 billion, with RMB3.40 billion remaining prior to this tranche. • Tranche 2 size: not exceeding RMB1.00 billion. • Tenor: basic five-year term; issuer call and coupon reset options at the end of years three and four; investor sell-back option at the same junctures. • Issuance method: offline bookbuild and placement to qualified institutional investors under the Administrative Measures for the Issuance and Trading of Corporate Bonds. • Listing venue: Shanghai Stock Exchange. • Par/issue price: RMB100 per bond. • Credit rating: AAA for the issuer. • Expected book-building date: 23 April 2026.
The CSRC authorisation requires completion of the overall RMB8.00 billion programme within 24 months of approval. Universal Medical will release further announcements on the progress of Tranche 2 and any subsequent issuances as necessary.
The company emphasized that PRC-filed offering documents relate solely to China Universal Leasing and do not represent the full operational profile of Universal Medical or its other subsidiaries.
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