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Far East Horizon Limited ( (HK:3360) ) has shared an announcement.
Far East Horizon Limited has announced a drawdown under its Medium Term Note and Perpetual Securities Programme, issuing notes worth CNY1.2 billion, denominated in Renminbi with a coupon rate of 4.25%. The proceeds are intended for working capital and general corporate purposes, with a potential on-lending option to its subsidiaries in the PRC, highlighting strategic financial maneuvers to enhance liquidity and operational flexibility.
More about Far East Horizon Limited
Far East Horizon Limited is a company incorporated in Hong Kong, operating in the financial services industry. It primarily focuses on offering and issuing medium-term notes and perpetual securities, catering to professional investors.
YTD Price Performance: -0.35%
Average Trading Volume: 5,781,158
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: HK$23.64B
See more insights into 3360 stock on TipRanks’ Stock Analysis page.