Modern Farming issues CNY 500 million perpetual medium-term notes at 2.5%

Reuters
Mar 24
Modern Farming issues CNY 500 million perpetual medium-term notes at 2.5%
  • Modern Farming, a non-wholly owned subsidiary of China Modern Dairy, received approval to issue domestic perpetual medium-term notes totaling CNY500 million.
  • The notes carry a 2.5% annual interest rate and have a 2+N term structure.
  • Proceeds are earmarked to pay bills payable related to green industry projects.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Modern Dairy Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260324-12065229), on March 24, 2026, and is solely responsible for the information contained therein.

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