Universal Health (02666.HK) plans to issue up to 850 million yuan in corporate bonds through its subsidiary.

Intelligence Financial APP News, Global Medical (02666.HK) announced that its wholly-owned subsidiary, China Global Leasing Co., Ltd. (the issuer), has obtained approval from the China Securities Regulatory Commission to publicly issue up to RMB 2 billion in domestic renewable corporate bonds to qualified investors in China. As of the date of this announcement, the remaining amount is RMB 1.2 billion. The bonds will be issued in stages, with a total principal amount not exceeding RMB 850 million (including RMB 850 million) in this issuance. The basic term of this corporate bond is 3 years.