HTSC (ASX: 06886) has successfully concluded the issuance of its latest corporate bonds, raising an aggregate of up to 8 billion yuan. The bonds, designated as the second tranche of the company's 2026 public offering for professional investors, were structured in two series with different maturities.
The first series carries a two-year term, while the second series has a three-year term. The issuance incorporated an inter-series reallocation option, allowing the company to adjust the final allocation between the two series without restriction based on subscription demand, all within the total issuance cap.
Each bond was issued at a par value of 100 yuan and was offered exclusively to professional institutional investors. The issuance process concluded on June 24, 2026.
Final results show the two-year series achieved a total issuance size of 1.9 billion yuan with a coupon rate of 1.60% and was oversubscribed by 3.92 times. The three-year series saw a larger issuance of 6.1 billion yuan, carrying a coupon rate of 1.68% and an oversubscription rate of 2.09 times.
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