Hengan International Completes RMB1 Billion Third Tranche of Super Short-Term Commercial Papers; RMB4.8 Billion in Debt Financing Capacity Remains

Reuters
Sep 25
Hengan International Completes RMB1 Billion Third Tranche of Super Short-Term Commercial Papers; RMB4.8 Billion in Debt Financing Capacity Remains

Hengan International Group Co. Ltd. announced the successful completion of its third tranche of super short-term commercial papers (SCP) on 23 September 2025. The principal amount of this issuance is RMB1 billion, with a fixed coupon rate of 1.74% per annum and a term of 182 days. This follows the company's previously approved debt financing instruments totaling up to RMB7.5 billion. Following the third tranche issuance, the remaining approved but unissued amount stands at RMB4.8 billion. Proceeds from this tranche will be used to supplement working capital and repay bank loans of certain domestic subsidiaries. The results of the issue are published on China Money and Shanghai Clearing House.

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