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Hengan International Issues Third Tranche of Commercial Papers

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Hengan International Issues Third Tranche of Commercial Papers

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Hengan International Group Co ( (HK:1044) ) has issued an update.

Hengan International Group Co has announced the successful issuance of the third tranche of its super short-term commercial papers, amounting to RMB1 billion with a coupon rate of 1.74% per annum for a term of 182 days. The proceeds from this issuance are intended to supplement the company’s working capital and repay bank loans for some domestic subsidiaries, reflecting the company’s strategic financial management and operational expansion.

The most recent analyst rating on (HK:1044) stock is a Buy with a HK$28.50 price target. To see the full list of analyst forecasts on Hengan International Group Co stock, see the HK:1044 Stock Forecast page.

More about Hengan International Group Co

Hengan International Group Co is a company incorporated in the Cayman Islands, primarily engaged in the production and distribution of personal hygiene products. The company operates in the consumer goods industry, focusing on products such as sanitary napkins, disposable diapers, and other related items.

Average Trading Volume: 3,041,154

Technical Sentiment Signal: Buy

Current Market Cap: HK$29.08B

See more data about 1044 stock on TipRanks’ Stock Analysis page.

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