SUMEC Group Successfully Issues 400 Million Yuan of Bonds with a Record Low Coupon Rate in Epidemic Prevention and Control
2020-03-12
On March 11, to push for the prevention and control of the new coronavirus epidemic and ensure the company development, Jiangsu SUMEC Group Co., Ltd., a subsidiary of SUMEC Group Corporation, takes the favorable market chance and publicly issues the first phase SCP (Super & Short-term Commercial Paper) of 2020 with a new record low final coupon rate of 2.85%, which raises up to 400 million yuan. Some money will be used in replenishing the working capital about prevention and control of the epidemic, which secures the company from the disease.
