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FINWIRES

Fastprint Circuit to Apply for 478 Million Yuan Loan for PBC Facility; Shares Up 3%

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Shenzhen Fastprint Circuit Tech (SHE:002436) plans to apply for a loan amounting to 478 million yuan, according to a Shenzhen bourse filing over the weekend.

The printed circuit board company's shares rose 3% during Monday's midday trade.

The 10-year loan will be applied for at China Development Bank's Shenzhen branch.

The loan will be used as capital for its subsidiary, Guangzhou Xingsen Semiconductor, for the construction of an industrial facility for ultra-high-density PCBs, which is based on advanced HDI and MSAP processes.

What else is happening in Treasury?

Treasury

Shanghai Rural Commercial Bank Completes Issuance of 3 Billion Yuan Bonds

Shanghai Rural Commercial Bank (SHA:601825) completed the issuance of 3 billion yuan of three-year fixed-rate bonds, according to a Saturday filing with the Shanghai bourse.The bonds have a coupon rate of 1.58%. Proceeds will be used to meet asset-liability allocation needs, refill funding sources, and enhance credit extension, the bank said in its filing.

SHA:601825
Treasury

National Australia Bank to Issue 15 billion Yen Subordinated Fixed Reset Notes

National Australia Bank (ASX:NAB) will issue 15 billion yen subordinated fixed reset notes due September 2036 under its $100 billion global medium term note program, according to a Monday filing with the Australian bourse.The notes will convert to fully paid shares if the Australian Prudential Regulation Authority determines it necessary to prevent the issuer from becoming non-viable, the filing said.

ASX:NAB
Treasury

HSBC Issues 54.3 Billion Yen in Senior Callable Bonds

HSBC (HKG:0005) issued 54.3 billion yen of senior unsecured callable bonds in three tranches, according to a filing with the Hong Kong stock exchange on Friday.The offering includes 21.6 billion yen of Thirteenth Series notes with a 2.769% coupon, due September 2030; 25.7 billion yen of Fourteenth Series notes carrying a 3.227% coupon, due September 2032; and 7 billion yen of Fifteenth Series notes with a 3.879% coupon, due September 2037.The lender has applied to list the bonds on the Official List of Euronext Dublin for trading on the Global Exchange Market.

HKG:0005