Hengan International Group Co Ltd (HKG: 1044) announced the successful completion of its first tranche of medium-term notes, amounting to RMB 1 billion, on August 24, 2026. The notes carry a fixed annual coupon rate of 1.90% with a five-year maturity period.
Following this issuance, the company retains RMB 4.5 billion in approved but unissued debt financing instruments. The proceeds from this bond sale are designated for repaying corporate debts and bank loans owed by its subsidiaries.