HENGAN INT'L (01044.HK): Completes issuance of RMB 1 billion five-year medium-term notes at coupon rate of 1.90% per annum

NewTimeSpace News: On 24 August 2026, HENGAN INT'L (01044.HK) announced the completion of the issuance of the first tranche of medium-term notes with a principal amount of RMB 1 billion, a coupon rate of 1.90% per annum and a five-year tenor, with the proceeds intended to repay the Company's debts and its subsidiaries' bank loans; the remaining approved but unissued debt financing instruments amount to RMB 4.5 billion.

NewTimeSpace News: On 24 August 2026, Hengan International Group Company Limited (stock code: 01044) announced that it had completed the issuance of the first tranche of medium-term notes with a principal amount of RMB 1 billion on the same day, with a coupon rate of 1.90% per annum and a tenor of five years.

The announcement stated that the issuance follows the registration arrangement disclosed in the announcement dated 23 January 2025, under which the Company's application to the National Association of Financial Market Institutional Investors for the registration and proposed issuance of debt financing instruments with an aggregate amount of up to RMB 7.5 billion (notification document no. 中市协注[2025]DFI6号) was approved. Following the completion of this issuance, the remaining amount of approved but unissued debt financing instruments is RMB 4.5 billion.

The results of the first tranche of medium-term notes will be published on China Money (www.chinamoney.com.cn) and the Shanghai Clearing House website (www.shclearing.com.cn). The proceeds from the issuance are intended to be used to repay the Company's debts and the bank loans of its subsidiaries.

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