China Unicom: the first phase of 2022 short-term financing bonds has been issued, with a total amount of 5 billion yuan.
According to news on September 5, China Unicom announced today that Unicom has completed the issuance of the first phase of 2022 short-term financing bonds with a total amount of 5 billion yuan on September 2, 2022, with an annual interest rate of 1.73% and a starting date of September 5, 2022.
On May 20, 2022, China Unicom holding subsidiary China United Network Communications (Hong Kong) Co., Ltd. (referred to as "Unicom Red Chip Company") made a shareholder decision to approve China United Network Communications Co., Ltd. ("Unicom Operation Company"), a wholly-owned subsidiary of China Unicom Red Chip Company, to apply for unified registration with the China Interbank Market Dealers Association. Agree with Unicom to issue debt financing instruments for non-financial enterprises.
On July 13, the Unicom operator received the "notice of acceptance of Registration" issued by the China Interbank Market Dealers Association (Zhongshi Xiezhu [2022] TDFI32). The China Interbank Market Dealers Association accepts the registration of the debt financing instruments of the Unicom operating company, which is valid for 2 years from the date of the notice. Within the period of validity of registration, Unicom operating companies can publicly issue ultra-short-term financing bills, short-term financing bills, medium-term bills, perpetual bills, asset-backed bills, green debt financing instruments and other products, as well as targeted issuance of related products.
On September 2, Unicom completed the issuance of the first phase of 2022 short-term financing bonds with a total amount of 5 billion yuan.