By Marisa Wong
Morgantown, W.Va., April 19 – Universal Medical Financial & Technical Advisory Services Co. Ltd., through wholly owned subsidiary China Universal Leasing Co., Ltd., issued RMB 450 million of 365-day bonds on Thursday.
The bonds were issued at par with a fixed coupon of 4.74%, according to a company announcement.
Bank of Beijing Co., Ltd. and Industrial Bank Co., Ltd. are the joint lead underwriters for these 2018 first tranche bonds.
Proceeds will be used to repay maturing debt.
Universal Medical is a health care provider based in Beijing. Its subsidiary offers leasing services for medical equipment and transportation.
| Issuer: | China Universal Leasing Co., Ltd.
|
| Issue: | Domestic short-term financing bonds, 2018 first tranche
|
| Amount: | RMB 450 million
|
| Maturity: | 365 days
|
| Underwriters: | Bank of Beijing Co., Ltd. and Industrial Bank Co., Ltd.
|
| Coupon: | 4.74%
|
| Price: | Par
|
| Yield: | 4.74%
|
| Settlement date: | April 19
|
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