Genertec Universal Medical Unit to Issue RMB500 Million Onshore Notes to Refinance Debt
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Genertec Universal Medical Group plans to issue RMB500 million in onshore medium-term notes to refinance debt. The notes will have a two-year tenor and a fixed interest rate, targeting qualified domestic institutional investors. The proceeds will be used to repay maturing debt, with trading expected to start on April 27, 2026. The group has an approved programme of up to RMB3 billion, with RMB2.5 billion remaining available. China CITIC Bank and Postal Savings Bank of China will act as joint lead underwriters, indicating the group's access to onshore funding channels.
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