FUYAO GLASS Issues 300 Million Yuan Medium-Term Notes

Stock News04-24 17:14

FUYAO GLASS has announced the public issuance of its first tranche of medium-term notes for 2026 in the national interbank market on April 22, 2026. The notes, designated with the code "102681580" and the abbreviation "26 FUYAO GLASS MTN001," have a total issuance value of 300 million yuan. This issuance carries a term of three years. The notes were issued at a price of 100 yuan per hundred-yuan face value, with an annual interest rate of 1.77%. China CITIC Bank Co., Ltd. acted as the lead underwriter for the offering. The interest accrual date is set for April 23, 2026. Interest will be paid annually, with the final interest payment to be made together with the principal upon maturity. The capital raised from this issuance is primarily intended for the repayment of the company's borrowings from financial institutions.

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