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Goertek Issues 1 Billion Yuan in Super Short-Term Commercial Paper

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Goertek (SHE:002241) issued its first tranche of super short-term commercial paper for the year, amounting to 1 billion yuan, according to a Shenzhen bourse filing on Monday.

The optical instruments and virtual reality components manufacturer's bonds have an issuance rate of 1.44% and a term of 270 days, maturing on May 11, 2027.

Industrial Bank (SHA:601166) is the bookrunner and lead underwriter of the issuance.

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