FUYAO GLASS Announces 1.70% Coupon Rate for Its New Medium-Term Note

Stock News06-09



The company has successfully issued its second medium-term note of 2026 in the national interbank market.

The note, designated as "26 FUYAO GLASS MTN002" with the code 102682019, has a total issuance value of RMB 500 million.

This three-year instrument was issued at a par value of 100 yuan per hundred, carrying a fixed annual interest rate of 1.70%.

China Merchants Bank Co., Ltd. acted as the lead underwriter and bookrunner for the issuance, with Industrial Bank Co., Ltd. serving as the joint lead underwriter.

The note is scheduled to begin accruing interest on June 5, 2026, with interest payments made annually.

The final interest payment will be made together with the principal repayment upon maturity.

The proceeds from this issuance are primarily intended for repaying the company's existing debt financing instruments.

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