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Zerlina Zeng

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Huawei secures 2.7 billion dollars in significant Chinese debt sale

Huawei has successfully raised $2.7 billion through a Chinese debt sale, marking its largest funding effort in the country this year. The company issued a 246-day note at a record low coupon rate of 1.57%, with proceeds aimed at supporting operational costs amid increasing local financing challenges due to US scrutiny. This move aligns with the Chinese government's strategy to bolster financial support for technology firms facing foreign trade obstacles.
Huawei Central
Chinese Yuan Huawei Technologies CO. Ltd. ZTE CHN Pan Gongsheng Zerlina Zeng
Finance & Economy, Market Report
12:25 24.04.2025
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