The interest rate of the official issuance and listing of time China's $350 million six-year note is 6.2%.

SMM: September 22, time China Holdings Co., Ltd. announced that a dollar bill will be officially issued and listed on September 23.

It is understood that the principal amount of the bill is 350 million US dollars, the interest rate is 6.2%, and the term is due in 2026.

As previously reported, time China said it planned to use the net proceeds from the bill issue to refinance some of its existing debt.

It is reported that the last time China issued bonds was on August 21, when it successfully issued 1.1 billion yuan of domestic corporate bonds with an annual coupon rate of 5.94% and a maturity of four years.