Shenzhen Expressway Completes 2 Billion Yuan Renewable Bond Issuance

MT Newswires Live

2025/04/21

Shenzhen Expressway (HKG:0548) completed Phase I 2025 of its renewable corporate bond issuance on April 16, according to a Shenzhen bourse filing last Friday.

The issuance, targeting professional investors in China, reached a total size of 2 billion yuan.

This comprised two tranches: 1 billion yuan of 3+N year bonds with a coupon rate of 2.05% and 1 billion yuan of 5+N year bonds with a coupon rate of 2.20%.

The bonds were issued at par through an offline book-building process.

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