China Unicom completed the issuance of the first phase of short-term financing bills in 2022 with a total amount of RMB 5 billion on September 2, 2022, with a term of 365 days and an annual interest rate. It is 1.73%, and the value date is September 5, 2022. On May 20, 2022, China United Network Communications (Hong Kong) Co., Ltd. (“China Unicom Red Chip Company”), a holding subsidiary of China Unicom, made a shareholder decision to approve China United Network Communications Co., Ltd., a wholly-owned subsidiary of China Unicom Red Chip Company. The company (referred to as "Unicom Operating Company") applied to the National Association of Financial Market Institutional Investors for unified registration and agreed to the issue of non-financial corporate debt financing instruments by Unicom Operating Company.
On July 13, China Unicom Operating Company received the “Notice of Acceptance of Registration” (Zhong Shi Xie Zhu [2022] No. TDFI 32) issued by the National Association of Financial Market Institutional Investors, and the National Association of Financial Market Institutional Investors accepted the debt financing of Unicom Operating Company. Instrument registration, which is valid for 2 years from the date of payment of the notice. Unicom Operating Company may publicly issue ultra-short-term financing bills, short-term financing bills, medium-term notes, perpetual notes, asset-backed notes, and green debt financing in installments within the validity period of the registration. Tools and other products can also be targeted to issue-related products.
On September 2, China Unicom Operating Company completed the issuance of the first tranche of short-term financing bills in 2022 with a total amount of RMB 5 billion.
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