Shenzhen Expressway Issues RMB1.00 Billion 3-Year Medium-Term Notes at 1.55% Coupon

Bulletin Express

07/21

Shenzhen Expressway Corporation Limited completed the issuance of its 2026 Phase II medium-term notes on 20 July 2026 in the PRC interbank market.

The three-year notes, trading under the abbreviation “26 Shenzhen Expressway MTN002” and code 102682673, carry a fixed coupon of 1.55% and will mature on 21 July 2029. The issue was priced at par (RMB100 for each RMB100 face value), resulting in a total fundraising of RMB1.00 billion.

China Merchants Bank Co., Ltd. acted as both book runner and joint lead underwriter, alongside Agricultural Bank of China Limited.

According to the board announcement dated 21 July 2026, the company’s current board comprises three executive directors, four non-executive directors and four independent non-executive directors. No additional terms or use-of-proceeds details were disclosed in the filing.

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