Shenzhen Expressway Corporation Ltd. has announced the completion of its Phase II Extendable Corporate Bonds issuance in the People's Republic of China on 13 May 2025. The issuance, aimed at professional investors, involved two types of bonds: Type I with a term of 3+N years and a final coupon rate of 2.05%, and Type II with a term of 5+N years and a final coupon rate of 2.18%. Each type had an actual issuance scale of RMB1 billion, resulting in a total issuance value of RMB2 billion. The bonds were issued at RMB100 per bond without specific issuance conditions, employing an offline method based on book-building results.
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