CHINA RES GAS (01193) completes the issue of the second tranche of medium-term notes.
China Resources Gas (01193) announced that on April 10, 2026, the Company's wholly-owned subsidiary China Resources Gas Investment (China) Limited ("China Resources Gas Investment (China)"), together with its subsidiaries, collectively referred to as the "China Resources Gas Investment (China) Group", has issued the second tranche of medium-term notes in China ("Second Tranche of Medium-Term Notes").
CHINA RES GAS (01193) announced that on April 10, 2026, its wholly-owned subsidiary CHINA RES GAS Investment (China) Ltd. ("CRG Investment (China)"), together with its subsidiaries, referred to as the "CRG Investment (China) Group", issued the second tranche of medium-term notes in China ("Second Tranche of MTN"). The total principal amount of the Second Tranche of MTN issued is RMB 2.5 billion, with a term of three years and an annual coupon rate of 1.59%. The proceeds from the issuance of the Second Tranche of MTN will be used to repay interest-bearing debts of the CRG Investment (China) Group, replace bank loans repaid with certain of the CRG Investment (China) Group's own funds, and supplement the working capital of the CRG Investment (China) Group.
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