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The latest update is out from Far East Horizon Limited ( (HK:3360) ).
Far East Horizon Limited announced a drawdown of HKD350,000,000 under its US$4 billion Medium Term Note and Perpetual Securities Programme. The proceeds from this issuance, rated BBB- by S&P, will be used for working capital and general corporate purposes, with potential on-lending to its subsidiaries in the PRC, pending necessary approvals.
The most recent analyst rating on (HK:3360) stock is a Hold with a HK$8.50 price target. To see the full list of analyst forecasts on Far East Horizon Limited stock, see the HK:3360 Stock Forecast page.
More about Far East Horizon Limited
Far East Horizon Limited is a company incorporated in Hong Kong, primarily engaged in offering and issuing medium term notes and perpetual securities. The company operates within the financial services industry, focusing on providing financial solutions and capital management services.
Average Trading Volume: 8,715,696
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$36.65B
For detailed information about 3360 stock, go to TipRanks’ Stock Analysis page.