tiprankstipranks
Genertec’s Successful RMB 1 Billion Bond Issuance
Company Announcements

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.

For further insights into HK:2666 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskGenertec Announces Major Asset Disposals
TipRanks HongKong Auto-Generated NewsdeskGenertec Adjusts Bond Conversion Price
TipRanks HongKong Auto-Generated NewsdeskGenertec Universal Medical Group AGM Success
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!