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Genertec Universal Medical Completes RMB 1 Billion Bond Issuance
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Genertec Universal Medical Completes RMB 1 Billion Bond Issuance

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Genertec Universal Medical Group Company ( (HK:2666) ) just unveiled an update.

Genertec Universal Medical Group Company Limited announced the successful completion of the public issuance of its first tranche of corporate bonds in the People’s Republic of China. The issuance, managed by its subsidiary China Universal Leasing Co., Ltd., amounts to RMB 1 billion with a five-year term and a fixed interest rate of 2.10%. The bonds include options for repurchase, coupon rate adjustment, and sell-back, indicating a strategic move to enhance financial flexibility and market positioning.

More about Genertec Universal Medical Group Company

Genertec Universal Medical Group Company Limited operates in the healthcare industry, focusing on providing medical services and products to various markets. They are involved in the leasing sector through their subsidiary, China Universal Leasing Co., Ltd., which plays a significant role in the company’s financial activities.

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $1.08B

See more insights into 2666 stock on TipRanks’ Stock Analysis page.

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