Yifan Pharmaceutical Issues 500 Million Yuan in Senior Care Bonds
Yifan Pharmaceutical (SHE:002019) issued 500 million yuan of three-year elderly care bonds, according to a Thursday filing with the Shenzhen bourse.The bonds have an interest rate of 1.85% and will mature on Sept. 2, 2029.Industrial Bank is the bookrunner and lead underwriter, while the joint underwriters include CZBank, Bank of Ningbo, China Merchants Bank, Shanghai Pudong Development Bank, Bank of Communications, China Minsheng Bank, Hangzhou Bank, and CITIC Bank.