CIMC Completes Second Tranche of Commercial Papers
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CIMC Completes Second Tranche of Commercial Papers

China International Marine Containers (Group) Co., Ltd Class H (HK:2039) has released an update.

China International Marine Containers (Group) Co., Ltd. has successfully issued the second tranche of their 2024 Super & Short-term Commercial Papers, raising RMB2 billion with a 1.80% annual interest rate. This issuance, completed on June 13, 2024, with Ping An Bank as the lead underwriter, is part of a larger RMB8 billion issuance program approved in 2023. The proceeds were fully received the following day, and the papers will mature on September 27, 2024, after 105 days.

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