By William Gullotti
Buffalo, N.Y., Sept. 6 – China Universal Leasing Co., Ltd., a wholly owned subsidiary of Genertec Universal Medical Group Co. Ltd., completed an issue of RMB 500 million of 3.2% three-year bonds, according to an announcement on Tuesday.
As previously reported, the offering was dubbed the third tranche of domestic medium-term notes but marked the company’s eighth issuance of 2022.
CSC Financial Co., Ltd. and Bank of Communications Co., Ltd. were the joint lead underwriters.
The notes were priced at par of RMB 100.
The health care company is based in Hong Kong.
| Issuer: | China Universal Leasing Co., Ltd.
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| Amount: | RMB 500 million
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| Issue: | Corporate bonds
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| Maturity: | Sept. 6, 2025
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| Underwriters: | CSC Financial Co., Ltd. and Bank of Communications Co., Ltd.
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| Coupon: | 3.2%
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| Price: | Par of RMB 100
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| Yield: | 3.2%
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| Pricing date: | Aug. 30
|
| Settlement date: | Sept. 5
|
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