Summary by Futu AI
Jiangxi Ganfeng Lithium Group Co., Ltd. announced that its holding subsidiary Minera Exar S.A. has completed the issuance of USD 5000 million of overseas bonds in Argentina on December 4, 2024. This bond is designed to meet Minera Exar's overseas business development needs, expand funding channels and increase flexibility in its use of funds. The interest rate on the bonds is 8% and interest is paid every half year. The starting date is November 8, 2024 and the maturity date is November 11, 2027.These bonds are issued by the public, corporate and financial institutions, and are issued on an intermediate basis. The Company held separate Board and General Meetings on 15 July 2024 and 13 August 2024 and approved the relevant resolutions. The specific content has been disclosed on...Show More
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