Chinese companies tap 'virus bonds' but put cash to other uses

México Noticias Noticias

Chinese companies tap 'virus bonds' but put cash to other uses
México Últimas Noticias,México Titulares
  • 📰 Reuters
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Chinese companies are rushing to access cheap funds via 'virus bonds' ...

), a top Chinese glass maker, is raising 600 million yuan via a three-year virus bond, but the company said 500 million yuan will be used to repay bank loans.

Pig-producer Muyuan Foods said about half of the proceeds from its planned 500 million yuan bond issuance will be used to repay bank loans, while the remainder will be used to ensure adequate meat supply during the outbreak. Jointown, the biggest private pharmaceutical firm in Hubei province, the virus epicenter, said it was facing challenges supplying facial masks, protective suits and medicines.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

Reuters /  🏆 2. in US

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Beijing bun shop uses wooden board to slide food to customers, shield staff from virusBeijing bun shop uses wooden board to slide food to customers, shield staff from virusA Chinese steamed bun shop has set up a wooden board to deliver its buns to customers to avoid contamination from coronavirus
Leer más »

Not just Chinese travellers staying away as virus shakes Asian tourismNot just Chinese travellers staying away as virus shakes Asian tourismAs a driver of one of Thailand's renowned 'tuk tuk' motorised ric...
Leer más »

Oil prices rise as new virus cases slow, easing Chinese demand concernsOil prices rise as new virus cases slow, easing Chinese demand concernsOil prices rose for a second day on Wednesday amid preliminary signs that new co...
Leer más »

Charlie Munger: The Strongest Companies In The World Are In China, Not AmericaCharlie Munger: The Strongest Companies In The World Are In China, Not America“Chinese companies are stronger than ours,” famed investor Charlie Munger said in an annual address today by skleb1234
Leer más »

Charlie Munger: The Strongest Companies In The World Are In China, Not AmericaCharlie Munger: The Strongest Companies In The World Are In China, Not America“Chinese companies are stronger than ours,” Munger said in an annual address.
Leer más »

Novacyt biotech company says winning race for high-speed virus testNovacyt biotech company says winning race for high-speed virus testFranco-British biotech company Novacyt says it can offer a coronavirus test that...
Leer más »



Render Time: 2025-03-12 18:12:13