Ganfeng Lithium (01772) announced that in order to optimize its debt structure, broaden financing channels, and reduce financing costs, further...
According to the Smart Finance and Economics APP, Ganfeng Lithium (01772) announced it will apply to the National Association of Financial Market Traders of China for the registration of no more than 5 billion yuan (inclusive) of medium-term notes and no more than 1.5 billion yuan (inclusive) of short-term financing bonds to further meet the needs of the company's business development. After successful registration, they will issue them at an appropriate time based on market interest rates and company funding requirements.
The announcement states that the issuance of medium-term notes and short-term financing bonds in this application will help meet the company's funding needs, broaden financing channels, reduce financing costs, and adjust liquidity; it will not have any adverse impact on the company's normal production and operation, nor will it harm the rights and interests of the company and shareholders.