FUYAO GLASS (03606.HK): Completes Issue of 2026 Fourth Tranche of Super Short-Term Commercial Paper of RMB 650 Million at 1.44%
- The tranche has a term of 268 days, an issue price of RMB 100 (per RMB 100 face value) and a value date of 16 September 2026.
- Industrial Bank acted as lead underwriter and bookrunner, with China CITIC Bank as joint lead underwriter, and repayment will be made in a lump sum of principal and interest at maturity.
- The proceeds will be used mainly to repay bank borrowings of the Company and its subsidiaries.
NewTimeSpace News: On 17 September 2026, Fuyao Glass Industry Group Co., Ltd. (stock code: 03606) disclosed an overseas regulatory announcement that it publicly issued its 2026 fourth tranche of super short-term commercial paper ("26 Fuyao Glass SCP004", code 012682266) in the national interbank market on 15 September 2026, with a total issue amount of RMB 650 million, a term of 268 days, an issue price of RMB 100 (per RMB 100 face value) and an issue rate of 1.44% per annum.
Industrial Bank Co., Ltd. acted as the lead underwriter and bookrunner, with China CITIC Bank Corporation Limited as joint lead underwriter. The value date is 16 September 2026 and repayment will be made in a lump sum of principal and interest at maturity, with the proceeds to be used mainly to repay bank borrowings of the Company and its subsidiaries. The National Association of Financial Market Institutional Investors accepted the Company's registration of super short-term commercial paper of RMB 2 billion on 13 March 2026, valid for two years from the date of the notice, allowing tranche issuance during the validity period.
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