Zhongshan Public Utilities (SHE:000685) issued 500 million yuan in 270-day bonds, according to a Wednesday filing with the Shenzhen bourse.
The bonds have a coupon rate of 1.6% and are redeemable Dec. 18.
China Merchants Bank (HKG:3968, SHA:600036) is the bookkeeping manager and lead underwriter, while CITIC Bank (HKG:0998, SHA:601998) is the joint lead underwriter.