China State Con (03311.HK) announced on July 25 that its subsidiary China State International Investment Group Co., Ltd. (the "Issuer") completed the public issuance of the 2024 second medium-term notes to professional investors in Mainland China on July 19, 2024. The total principal amount of medium-term notes is RMB 2 billion yuan, with a term of 5 years and a nominal interest rate of 2.30%.
Both the issuer and the medium-term notes have received a "AAA" credit rating from China Cheng Xin International Credit Rating Co., Ltd.