CIMC Completes Issuance of 1 Billion Yuan of Commercial Paper

MT Newswires Live
15 Jan

China International Marine Containers (HKG:2039, SHE:000039) or CIMC completed the issue of 1 billion yuan of super and short-term commercial paper, a Wednesday bourse filing said.

The commercial paper has an issue rate of 1.76% per annum and will fall due in 155 days.

The logistics company will use proceeds from the issue to repay its bank loans and debt financing instruments.

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