An announcement from UNI MEDICAL (02666) states that its wholly-owned subsidiary, China Universal Leasing Co., Ltd., is registered with the National Association of Financial Market Institutional Investors in China to issue domestic medium-term notes with a maximum aggregate principal amount of RMB 3 billion. As of the date of this announcement, the remaining quota is RMB 2.5 billion.
The issuer has decided to offer up to RMB 500 million in the first series of 2026 domestic medium-term notes to institutional investors in China. These notes will have a tenor of two years and carry a fixed interest rate, which will be finalized through a book-building process upon the closing of the subscription application.
The net proceeds from the issuance will be used by the issuer to repay maturing debt. The notes will be offered to institutional investors in China, excluding those prohibited by Chinese regulations from participating in the offering.
China CITIC Bank Corporation Limited and Postal Savings Bank of China Co., Ltd. will act as joint lead underwriters for the issuance.
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