Anhui Conch Issues New Medium-Term Notes
Company Announcements

Anhui Conch Issues New Medium-Term Notes

Anhui Conch Cement Company (HK:0914) has released an update.

Anhui Conch Cement Company Limited successfully issued the third and fourth tranches of medium-term notes for the year 2024 on September 12, 2024, each with an actual aggregate issue amount of RMB 3.5 billion. The notes, which have a duration of five years and an interest rate of 2.12%, will mature on September 18, 2029. This strategic move aligns with the company’s financing plan as approved in the Extraordinary General Meeting and is part of a broader RMB 10 billion registration with the NAFMII.

For further insights into HK:0914 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskAnhui Conch Cement Updates Share Registrar
TipRanks HongKong Auto-Generated NewsdeskAnhui Conch Cement to Review Nine-Month Results
TheFlyAnhui Conch Cement upgraded to Buy from Hold at Jefferies
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App