Huayou Cobalt has completed the issuance of the ninth tranche of its 2026 ultra-short-term financing notes, with an issuance amount of 1 billion yuan, a term of 270 days, and an issuance rate of 1.82 percent. China Bohai Bank, Bank of China, Postal Savings Bank of China, Industrial Bank, Shanghai Pudong Development Bank, Shanghai Rural Commercial Bank, and Ping An Bank acted as lead underwriters. The notes were publicly issued in the national interbank bond market through book-building and centralized placement, and the raised funds will be used to repay the company's interest-bearing liabilities.
Zhejiang Huayou Cobalt Co LtdCompany issued 1 billion yuan in ultra-short-term notes at low rate (1.82%) to repay interest-bearing liabilities, improving financial position.