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GEELY AUTO Issues RMB2B Medium-Term Notes
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GEELY AUTO (00175.HK) announced the issuance of medium-term notes due 2028 in an aggregate amount of RMB2 billion. The issue price is RMB100. The fixed annual interest rate for the first year of the notes term is 1.55%. The entire proceeds from the issue of the MTNs will be invested domestically in China, to supplement the working capital of the Company’s subsidiary, namely Zhejiang Jirun Automobile Company Limited. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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