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Shenzhen Express has completed the issuance of 1.5 billion yuan of ultra-short-term commercial paper.
Shenzhen Expressway (00548) announced that it issued the second tranche of ultra-short-term financing bonds for the year 2024 on the China Interbank Market of Bank of China on July 22, 2024. The actual issued total amount was RMB1.5 billion, with an issue interest rate of 1.75% and a duration of 270 days.
Shenzhen Expressway Sells 1.5 Billion Yuan of Commercial Paper
Shenzhenexpress (00548.HK) issued 1.5 billion yuan of short-term financing notes.
On July 23rd, Gelunhui reported that Shenzhen Expressway (00548.HK) announced the issuance of the 2024 second short-term financing bond on the China Interbank Bond Market on July 22nd, 2024. The actual total amount issued was RMB 1.5 billion with a term of 270 days and an issue rate of 1.75%.
Shenzhen Expressway to Issue 1.5 Billion Yuan of Short-Term Commercial Paper
Shenzhenexpress (00548.HK) has completed the issuance of 1.5 billion yuan of ultra-short-term financing bonds.
On July 19th, Guolonghui reported that Shenzhen Expressway Co., Ltd. (00548.HK) announced that the shareholder meeting of Shenzhen Expressway Group Co., Ltd. (the "Company") has granted the Board of Directors a general authorization to issue bond financing instruments. According to the "Acceptance of Registration Notice" (Zhongshi Association Note [2023] SCP12) issued by the China Interbank Market Dealers Association to the Company, the Company plans to issue the second ultra-short-term financing bond of 2024 on July 22, 2024, with a total issuance scale of RMB 1.5 billion yuan and a maturity of 270 days. The raised funds are intended to be used to repay the Company's outstanding debts.
Shenzhen Expressway Corporation (600548.SH): plans to issue 1.5 billion yuan of super short-term commercial paper.
On July 19th, GeLongHui announced that according to the "Acceptance Registration Notice" (Zhongshi Xie Zhu [2023] SCP12) issued by the China Foreign Exchange Trading System and National Interbank Funding Center to the company, the company plans to issue the second super short-term financing bond for the year 2024 ("this period of ultra-short financing") with a volume of 1.5 billion yuan, a term of 270 days, and all the raised funds will be used to repay the outstanding debts of the company. The issuing object is institutional investors in the national interbank bond market (excluding those prohibited by national laws and regulations from purchasing), and is organized by the lead underwriter.
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