Genertec’s Successful RMB 1 Billion Bond Issuance

Genertec Universal Medical Group Company (HK:2666) has released an update.

Genertec Universal Medical Group Company has successfully completed the issuance of the fourth tranche of Sustainability-Linked Corporate Bonds, totaling RMB 1 billion, with a fixed interest rate of 2.43% and a five-year term starting from June 5, 2024. The bonds offer a flexible arrangement, including repurchase and interest rate adjustment options for the issuer and a sell-back option for investors, contingent on achieving sustainability performance targets.

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