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China Mengniu Dairy Issues CNY3.5 Billion in Sustainability Bonds

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China Mengniu Dairy Issues CNY3.5 Billion in Sustainability Bonds

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China Mengniu Dairy Co ( (HK:2319) ) just unveiled an update.

China Mengniu Dairy Company Limited has announced the issuance of CNY3.5 billion in sustainability bonds, aimed at refinancing existing debt and supporting eligible green and social projects. The bonds, which are due in 2030 and 2035, will be listed on the Stock Exchange for professional investors, though their issuance is contingent on market conditions and investor interest.

The most recent analyst rating on (HK:2319) stock is a Buy with a HK$21.00 price target. To see the full list of analyst forecasts on China Mengniu Dairy Co stock, see the HK:2319 Stock Forecast page.

More about China Mengniu Dairy Co

China Mengniu Dairy Company Limited is a leading dairy product manufacturer based in China, incorporated in the Cayman Islands. The company is primarily focused on producing and distributing dairy products, including milk, yogurt, and other related products, catering to both domestic and international markets.

Average Trading Volume: 21,608,848

Technical Sentiment Signal: Sell

Current Market Cap: HK$67.14B

Find detailed analytics on 2319 stock on TipRanks’ Stock Analysis page.

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