Shanghai Conant Optical Proposes 500 Million Yuan Bond Issue
MT Newswires Live
Aug 07
Shanghai Conant Optical (HKG:2276) plans to register and issue up to 500 million yuan of science and technology innovation medium-term notes in China's interbank bond market, according to a Thursday Hong Kong bourse filing.
The company said it intends to issue an initial tranche of up to 300 million yuan with a maturity of up to five years.
The proceeds will be used to fund research and development, technology innovation projects, industrial acquisitions, and working capital, while helping optimize the company's debt structure and broaden its financing channels.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.