China Resources Pharmaceutical Group Completes RMB1.1 Billion Corporate Bond Issuance
Reuters
Nov 18, 2025
China Resources Pharmaceutical Group Completes RMB1.1 Billion Corporate Bond Issuance
China Resources Pharmaceutical Group Ltd. has announced the completion of the public issuance of the second tranche of its 2025 Corporate Bonds in the People's Republic of China (PRC). The second tranche was issued by CR Pharmaceutical Holdings, a wholly-owned subsidiary of the company, in an aggregate principal amount of RMB 1.1 billion. This tranche carries a term of three years and a coupon rate of 1.78% per annum. The net proceeds from this issuance will be used for production expenditures, including repayment of corporate debts, replenishment of working capital, project development and operation expenditures, investments related to scientific and technological innovations, and other lawful purposes. This announcement follows an earlier issuance of the first tranche, as referenced in the company's prior announcement dated 21 October 2025. No URL for the full prospectus is included in the document.
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