Hengan International Sells 500 Million Yuan Commercial Paper

MT Newswires Live
Oct 21

Hengan International Group (HKG:1044) completed the issue of 500 million yuan of 269-day commercial papers carrying a 1.77% per annum coupon rate, a Tuesday 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 subsidiaries.

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