CALB Co., Ltd. Class H (HK:3931) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
CALB Group Co., Ltd. has announced its plan to register and issue medium-term notes worth up to RMB5 billion, pending shareholder and regulatory approvals. The proceeds from this debt financing will be directed towards supplementing working capital and repaying debts. The issuance will be conducted in phases, dependent on market conditions, with the instruments being tradable in China’s inter-bank bond market.
For further insights into HK:3931 stock, check out TipRanks’ Stock Analysis page.