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12/07/2019 09:00

Mengniu Dairy (02319) to issue US$500 million bonds

[ET Net News Agency, 12 July 2019] China Mengniu Dairy Company Limited (02319) said the
company will issue bonds in the aggregate principal amount of US$500 million, which will
mature on 2024.
The bonds will bear interest from and including 18 July 2019 at the rate of 3% per
annum, payable semi-annually in arrear. The offer price of the bonds will be 99.572% of
the principal amount of the bonds.
The gross proceeds will be used by the company to refinance the company's existing
loans. (RC)

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