An announcement from China Merchants Port Holdings Co ( (HK:0144) ) is now available.
China Merchants Port Holdings Company Limited announced the successful issuance of the first tranche of medium-term notes for 2025, amounting to RMB2 billion at a 1.98% annual coupon rate for a three-year term. This move is part of a larger RMB10 billion debt financing initiative approved by the National Association of Financial Market Institutional Investors, allowing the company to issue various financing instruments over the next two years, potentially enhancing its financial flexibility and market positioning.
More about China Merchants Port Holdings Co
China Merchants Port Holdings Company Limited is a prominent player in the port industry, focusing on port operations, logistics, and related services. The company is known for its extensive network of ports and terminals, primarily serving the Asia-Pacific region and beyond.
YTD Price Performance: 9.38%
Average Trading Volume: 966
Technical Sentiment Signal: Sell
Current Market Cap: $7.19B
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