Far East Horizon (HKG:3360) issued 1.20 billion yuan 4.25% bonds due 2028 on Friday to professional investors, a Monday bourse filing said.
The bonds are issued under the company's $4 billion medium-term bonds and perpetual securities program.
The bonds have a fixed 4.25% interest rate and will mature on the interest payment date falling closest to Feb. 14, 2028.
The bonds are expected to be listed on the Hong Kong Exchange around Monday.
The company plans to use the proceeds from the bonds issue for general working capital and corporate purposes.
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