TCL Technology Group (SHE:000100) set the final coupon rates for sci-tech innovation bonds amounting to 2 billion yuan, which will be offered in two tranches, according to a Shenzhen bourse filing on Tuesday.
The technology company's shares fell 2% in Wednesday's midday trade.
The final coupon rate for the type 1 bonds is 1.85% and 2.10% for the type 2 bonds. The company will conduct the off-site offering to investors from Wednesday, Aug. 19 to Thursday, Aug. 20.
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