Hengan International Group Company Limited has announced the successful issuance of the fifth tranche of its super short-term commercial papers on 27 October 2025. The principal amount is RMB0.5 billion, carrying a coupon rate of 1.68% per annum for 179 days.
Earlier, the National Association of Financial Market Institutional Investors approved the company’s application for registration and issuance of debt financing instruments amounting to not more than RMB7.5 billion. Following completion of this fifth tranche, the remaining unissued amount stands at RMB3.8 billion. Proceeds from the issuance are intended for the repayment of the company’s bank loans.