China's National Association of Financial Market Institutional Investors accepted Yunda Holding's (SHE:002120) application to register and issue medium-term bonds amounting to 3 billion yuan, according to a Shenzhen Stock Exchange filing on Tuesday.
The logistics services provider may issue the bonds in installments within two years, the filing added.
China Merchants Bank (HKG:3968, SHA:600036) served as the underwriter.
Yunda's shares jumped over 3% in recent trade.
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