Jiangsu Expressway Co Ltd (SEHK: 00177) has announced the successful pricing of its latest short-term bond issuance. The company received approval from the National Association of Financial Market Institutional Investors in December 2024, allowing it to issue up to 4 billion yuan in super short-term commercial paper over a two-year period beginning December 30, 2024.
On August 11, 2026, the company issued the tenth tranche of its 2026 series super short-term commercial paper. The bond, officially named the 2026 Tenth Tranche Super Short-Term Commercial Paper of Jiangsu Expressway Co Ltd, carries the short name "26 Ninghu High SCP010" and the code 012682012. The total actual issuance amount was 590 million yuan, with an issuance interest rate of 1.41%. The bond was priced at 100 yuan per 100 yuan face value.