Brief: Midea Real Estate Says Unit Got Approval To Issue Medium-Term Notes

Midea Real Estate Holding

23/02/2022 15:39

Feb 23 (Reuters) - Midea Real Estate Holding Ltd  3990.HK :
    * UNIT GOT APPROVAL DATED 13 JAN WHEREBY DOMESTIC ISSUER IS
PERMITTED TO ISSUE MEDIUM-TERM NOTES WITH PRINCIPAL AMOUNT OF
RMB5 BILLION
    * UNIT INTENDS TO ISSUE MEDIUM-TERM NOTES ( 2022 ) IN AN
AGGREGATE
PRINCIPAL AMOUNT NOT EXCEEDING RMB1.5 BILLION
    * EXPECTED THAT PROCEEDS FROM FIRST TRANCHE OF MEDIUM-TERM
NOTES
WILL BE USED FOR PROJECT CONSTRUCTIONS

Further company coverage:  3990.HK 

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