Hengan International Sells 2 Billion Yuan Commercial Paper

MT Newswires Live

02/09

Hengan International Group (HKG:1044) completed the issue of 2 billion yuan of 1.81% commercial papers due in 179 days, according to a Monday Hong Kong bourse filing.

The personal hygiene products manufacturer intends to use proceeds to supplement its working capital, as well as that of its units, and repay debt and the bank loans of certain subsidiaries.

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