FUYAO GLASS Sets 1.69% Coupon for New Three-Year CNY400 Million Tech Innovation Bond

Stock News07-07

FUYAO GLASS has issued an announcement regarding its latest bond offering.

On July 3, 2026, the company publicly issued its third science and technology innovation medium-term note for the 2026 fiscal year in the national interbank market.

The bond, designated as "26 FUYAO GLASS MTN003 (Sci-Tech Innovation Bond)", carries the medium-term note code 102682436.

The total issuance size is RMB 400 million, with a maturity period of three years.

The bond was issued at a price of 100 per 100-yuan face value, carrying an annual coupon rate of 1.69%.

Industrial Bank Co., Ltd. acted as the lead underwriter and bookrunner for the offering, with The Export-Import Bank of China serving as the joint lead underwriter.

The bond's interest accrual date is set for July 6, 2026.

Interest will be paid annually, with the final interest payment to be made together with the principal repayment at maturity.

The net proceeds from this bond issuance are intended primarily for repaying the company's outstanding borrowings from financial institutions.

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