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China Agri-Products Issues First Tranche of Notes

China Agri-Products Issues First Tranche of Notes

China Agri-Products Exchange Limited (HK:0149) has released an update.

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China Agri-Products Exchange Limited has announced the issuance of the first tranche of unsecured fixed interest rate notes, amounting to HK$41 million, under its HK$1 billion medium-term note programme. These notes, which are not listed on any stock exchange, have an effective interest rate ranging from approximately 2.8% to 5.4% per annum and are set to mature by November 2036. Future issuances under the program may vary in terms of principal amount, interest rate, and maturity date.

For further insights into HK:0149 stock, check out TipRanks’ Stock Analysis page.

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