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Guangdong Join-Share Proposes RMB500 Million Bond Issue for Debt Settlement

Story Highlights
  • Guangdong Join-Share plans to issue domestic corporate bonds up to RMB500 million.
  • Proceeds will settle existing bonds, enhancing financial stability and capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Guangdong Join-Share Proposes RMB500 Million Bond Issue for Debt Settlement

Confident Investing Starts Here:

Guangdong Join-Share Financing Guarantee Investment Co., Ltd. Class H ( (HK:1543) ) has issued an announcement.

Guangdong Join-Share Financing Guarantee Investment Co., Ltd. has announced a proposal to issue domestic corporate bonds in the PRC with a principal amount not exceeding RMB500 million. The proceeds from this issuance will be used to settle existing corporate bonds upon maturity, subject to shareholder approval and market conditions. This strategic financial maneuver is aimed at optimizing the company’s capital structure and ensuring financial stability.

More about Guangdong Join-Share Financing Guarantee Investment Co., Ltd. Class H

Guangdong Join-Share Financing Guarantee Investment Co., Ltd. operates in the financial services industry, focusing on providing financing guarantees and investment services within the People’s Republic of China.

Average Trading Volume: 152,363

Technical Sentiment Signal: Sell

Current Market Cap: HK$390.2M

Find detailed analytics on 1543 stock on TipRanks’ Stock Analysis page.

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