Fuyao Glass Issues 500 Million Yuan Super Short-Term Bonds
MT Newswires Live
Sep 16
Fuyao Glass Industry Group (SHA:600660, HKG:3606) issued super short-term commercial papers worth 500 million yuan, according to a Shanghai bourse disclosure on Wednesday.
The bonds have a coupon rate of 1.75% and a term of 270 days.
The bonds are the second tranche issued under the Chinese automobile glass manufacturer's super short-term bond program worth 2 billion yuan.
Bank of Communications (HKG:3328, SHA:601328) is the lead underwriter for the current issuance.
Fuyao Glass' Hong Kong shares rose less than 2% during morning trade.
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