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Tian Tu Capital Co., Ltd. Class H ( (HK:1973) ) has shared an update.
Tian Tu Capital Co., Ltd. has announced plans to issue corporate bonds worth up to RMB500 million, which will be used to repay existing debt, replenish working capital, and for equity investments. The bonds will have a term of up to five years and will be supported by a professional guarantee company to enhance credit. This strategic move is expected to strengthen the company’s financial position and provide flexibility in capital management, potentially impacting its market presence and stakeholder interests.
More about Tian Tu Capital Co., Ltd. Class H
Tian Tu Capital Co., Ltd. is a joint stock company incorporated in the People’s Republic of China. It operates within the financial sector, focusing on capital investments and financial services.
YTD Price Performance: -24.10%
Average Trading Volume: 24,452
Technical Sentiment Signal: Buy
Current Market Cap: HK$474.7M
For detailed information about 1973 stock, go to TipRanks’ Stock Analysis page.