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CICC Plans to Issue USD1.4B Floating Rate Notes for Debt Repayment & Corporate Purposes
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CICC (03908.HK) announced a proposed issuance of USD550 million floating rate notes due 2028 and USD850 million floating rate notes due 2029. The net proceeds from the sale of the notes are intended to be used for repaying part of the existing debt of the group's guarantor and its subsidiaries, as well as for other general corporate purposes. AAStocks Financial News |
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