[senior notes]
Zhongjun group plans to issue US $150 million senior notes
On December 23, Zhongjun Group Holdings Co., Ltd. (hereinafter referred to as “Zhongjun group”) announced that it planned to issue US $150 million additional senior notes due in 2024, with an annual interest rate of 5.95%.
The announcement shows that the current notes will be combined with the $300 million 5.95% senior notes issued on March 29, 2021 to form a single series.
Zhongjun group said in the announcement that it plans to use the net proceeds from the issuance of additional notes mainly to refinance some of its existing overseas debts, which will mature within one year.
[medium term note]
Metro Land Corporation Ltd(600683) it is proposed to issue 446 million yuan of medium-term notes
On December 23, Metro Land Corporation Ltd(600683) announced that the company had received a notice from Bank Of China Limited(601988) inter market dealers association and decided to accept the registration of Metro Land Corporation Ltd(600683) medium-term notes.
According to the announcement, the registered amount of the current medium-term notes is 446 million yuan, the issuance period is 5 years, and the coupon rate is uncertain.
Metro Land Corporation Ltd(600683) said that the raised funds are intended to be used to repay the principal of the company’s debt financing instruments, so as to reduce financial costs and improve debt maturity and variety structure.
(Beijing News)
