Summary by Moomoo AI
YANKUANG ENERGY Group Co., Ltd. successfully issued the fourth phase of medium-term notes for 2024 on December 10, 2024, raising funds of 2 billion yuan, which were credited on December 11, 2024. The term of this medium-term note is 2+N years, with an issuance interest rate of 2.06% and an issuance price of 100 yuan per hundred yuan face value.The interest start date of the medium-term note is December 11, 2024, and the first coupon rate reset date is December 11, 2026. This issuance is managed by CM BANK as the bookrunner and lead underwriter, with Industrial Bank, China Guangfa Bank, and China CITIC Bank Corporation acting as co-lead underwriters. This issuance is based on the debt financing tool registration approved on May 6, 2023 (Zhongshi Xie Zhu [2023] DFI24), which is valid for 2 years.