Summary by Moomoo AI
Jiangxi Ganfeng Lithium Co., Ltd. announced that its controlling subsidiary, Minera Exar S.A., completed a $50 million overseas bond issuance in Argentina on December 4, 2024. The bond issuance aims to meet the overseas business development needs of Minera Exar, broaden financing channels, and enhance fund utilization flexibility. The bond carries an 8% interest rate, with interest payments every six months, starting on November 8, 2024, and maturing on November 11, 2027. The targets of this bond issuance include the general public, corporate enterprises, and financial institutions, with an indirect issuance method. The company held board meetings and shareholder meetings on July 15 and August 13, 2024, respectively, to review and approve relevant proposals. The specific details have been disclosed on the Juchao Information website. The issuance of these bonds...Show More