China Resources Pharmaceutical Group Ltd. announced the completion of the first tranche of its medium term notes for 2025 in the PRC. The issuance was carried out by its non-wholly-owned subsidiary, China Resources Pharmaceutical Commercial Group Company Limited. The first tranche has a principal amount of RMB 3 billion, a term of 3 years (renewable upon expiration), and carries a coupon rate of 2.19% per annum. Proceeds from the offering will be used to repay interest-bearing debt of CR Pharmaceutical Commercial or its subsidiaries.
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