[ET Net News Agency, 24 September 2018] Hengan International (01044) said its indirect
wholly-owned subsidiary Hengan China Investment has completed the issue of the second
tranche of the super short-term commercial papers in the principal amount of RMB500
million with a coupon rate fixed at 3.78% per annum and a term of 97 days.
The remaining SCP approved but unissued amount to RMB3.5 billion immediately after
completion.
The proceeds from the issue of the second tranche SCP are intended to be used for
supplementing the working capital of Hengan China Investment. (SC)