Chicago, April 16 – Genertec Universal Medical Group Co. Ltd. announced it issued RMB 380 million of 3.4% five-year epidemic prevention and control bonds at par, according to a notice.
The notes were issued through wholly owned subsidiary China Universal Leasing Co., Ltd.
The notes are callable and putable at the end of the third year. If not called or put, the issuer will be entitled to a coupon rate adjustment option.
This is a first tranche of corporate bonds for the Hong Kong-based health care company.
| Issuer: | China Universal Leasing Co., Ltd.
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| Issue: | Epidemic prevention and control corporate bonds, first tranche
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| Amount: | RMB 380 million
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| Maturity: | Five years
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| Coupon: | 3.4%
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| Price: | Par
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| Yield: | 3.4%
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| Settlement date: | April 14
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