Genertec’s Successful RMB 1 Billion Bond Issuance
Company Announcements

Genertec’s Successful RMB 1 Billion Bond Issuance

Genertec Universal Medical Group Company (HK:2666) has released an update.

Genertec Universal Medical Group Company has successfully completed the issuance of the fourth tranche of Sustainability-Linked Corporate Bonds, totaling RMB 1 billion, with a fixed interest rate of 2.43% and a five-year term starting from June 5, 2024. The bonds offer a flexible arrangement, including repurchase and interest rate adjustment options for the issuer and a sell-back option for investors, contingent on achieving sustainability performance targets.

For further insights into HK:2666 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskGenertec Universal Medical’s Promising Growth in Healthcare Sector
TipRanks HongKong Auto-Generated NewsdeskGenertec Universal Medical Completes RMB 1 Billion Note Issuance
TipRanks HongKong Auto-Generated NewsdeskGenertec’s Subsidiary Launches Medium-Term Notes
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App