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Published on 3/5/2020 in the Prospect News Emerging Markets Daily.

New Issue: Genertec Universal sells RMB 500 million 3.68% three-year notes

By Marisa Wong

Los Angeles, March 5 – Genertec Universal Medical Group Co. Ltd. announced it issued RMB 500 million of 3.68% three-year medium-term notes at par on Thursday.

The notes were issued through wholly owned subsidiary China Universal Leasing Co., Ltd.

The Hong Kong-based health care company had registered to issue RMB 900 million of medium-term notes in China; this is the first tranche.

Issuer:China Universal Leasing Co., Ltd.
Issue:Medium-term notes
Amount:RMB 500 million
Maturity:Three years
Coupon:3.68%
Price:Par
Yield:3.68%
Settlement date:March 5

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