Rumor has it that the Hong Kong subsidiary of Syngenta Group is considering issuing FTZ bonds for the first time to raise 2 billion yuan

The Zhitong Finance App learned that, according to reports, Syngenta Group (Hong Kong) Holdings Co., Ltd., a subsidiary of China Sinochem's pesticide and chemical giant Syngenta Group (Syngenta), is considering issuing free trade zone bonds for the first time. The term of the bonds is one year, with a capital raised amount of 2 billion yuan. The issuer may start promotion as soon as this month. However, details of the deal have yet to be finalized, and adjustments may still occur.

Syngenta Group's main business covers the three major physical sectors of plant protection (pesticides), seed industry, and crop nutrition (fertilizer), superimposing modern agricultural services and digital agricultural solutions. The research direction focuses on the creation of new pesticides, biological breeding, green agrochemistry, and smart agriculture. It has tens of thousands of agriculture-related patents to provide farmers around the world with complete solutions for good seeds, agricultural materials, and agronomic technology. The mission is to rely on scientific and technological innovation to promote sustainable agricultural development and raise the level of food security.