Hengan International Issues First Tranche of RMB1 Billion Corporate Bonds

Reuters12-04
Hengan International Issues First Tranche of RMB1 Billion Corporate Bonds

Hengan International Group Co. Ltd. has completed the issuance of the first tranche of its corporate bonds, raising RMB1.0 billion. The First Tranche Corporate Bonds carry a fixed coupon rate of 1.8% per annum and have a one-year term. This follows the earlier approval by the China Securities Regulatory Commission for the company to issue up to RMB10.0 billion in corporate bonds to professional investors. After this initial issuance, RMB9.0 billion of approved bonds remain unissued. The proceeds from the offering will be used to supplement working capital and repay bank loans of some domestic subsidiaries. The results of the issue are published on the website of the Shanghai Stock Exchange at https://www.sse.com.cn.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hengan International Group Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251204-11944178), on December 04, 2025, and is solely responsible for the information contained therein.
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