FUYAO GLASS Issues 550 Million Yuan in Short-Term Notes

Stock News04-02

FUYAO GLASS (03606) has announced the public issuance of its first tranche of super short-term financing notes for 2026 in the national interbank market on March 31, 2026. The notes, designated with the code 012680838 and referred to as "26 FUYAO GLASS SCP001," have a total issuance value of 550 million yuan. This series of notes carries a term of 268 days and is issued at a price of 100 yuan per hundred-yuan face value, with an annual interest rate of 1.49%. The interest accrual begins on April 1, 2026, and the principal and interest will be repaid in a lump sum at maturity. The proceeds from the issuance will be primarily used to repay the company's borrowings from financial institutions.

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