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Genertec Universal Medical’s Subsidiary to Issue RMB 2 Billion in Bonds

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Genertec Universal Medical’s Subsidiary to Issue RMB 2 Billion in Bonds

An update from Genertec Universal Medical Group Company ( (HK:2666) ) is now available.

Genertec Universal Medical Group Company Limited announced that its wholly-owned subsidiary, China Universal Leasing Co., Ltd., has received approval from the China Securities Regulatory Commission to issue renewable corporate bonds worth up to RMB 2 billion to qualified investors in China. The issuance aims to raise supplementary operating funds, with the bonds being offered in tranches and featuring flexible terms such as repricing periods and extension options. This move is expected to enhance the company’s financial flexibility and strengthen its position in the healthcare leasing market.

More about Genertec Universal Medical Group Company

Genertec Universal Medical Group Company Limited operates in the healthcare industry, focusing on medical services and leasing solutions. It is involved in providing healthcare services and equipment leasing, with a market focus primarily in China.

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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