Xiamen Port Development Issues 600 Million Yuan in Super Short-Term Commercial Paper
MT Newswires Live
Apr 14
Xiamen Port Development (SHE:000905) completed the issuance of super short-term commercial paper worth 600 million yuan, according to a Tuesday filing on the Shenzhen bourse.
The bonds have an interest rate of 1.47% and a term of 265 days, maturing Dec. 31.
Agricultural Bank of China (HKG:1288, SHA:601288) served as the bookrunner and lead underwriter of the issuance.
The Chinese port operator fell by less than 3% during the afternoon trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.