Hengan International Sells 1 Billion Yuan Bonds

MT Newswires Live12-04

Hengan International Group (HKG:1044) completed the issue of 1 billion yuan of one-year bonds carrying a coupon rate of 1.8% per annum, a Thursday Hong Kong bourse filing said.

The personal hygiene products manufacturer will use proceeds from the issue to supplement working capital and repay the bank loans of some units.

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