Genertec Universal Medical Group Company (HK:2666) has released an update.
Genertec Universal Medical Group’s subsidiary, China Universal Leasing, is set to issue its second tranche of domestic medium-term notes worth up to RMB 0.5 billion in the PRC. These notes, aimed at domestic institutional investors, will have a three-year term and a fixed interest rate determined at the end of the subscription period. The proceeds will be used to repay maturing debts, signaling a strategic move to manage financial obligations efficiently.
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