Shenzhen Expressway Co Completes RMB2 Billion Bond Issuance

Shenzhen Expressway Co ( (HK:0548) ) just unveiled an announcement.

Shenzhen Expressway Co has successfully completed the issuance of its Phase I Renewable Corporate Bonds in the PRC, raising a total of RMB2 billion. The issuance was divided into two types, with Type I bonds having a term of 3+N years and a coupon rate of 2.05%, and Type II bonds having a term of 5+N years and a coupon rate of 2.20%. This strategic financial move is expected to support the company’s ongoing infrastructure projects and strengthen its market position.

More about Shenzhen Expressway Co

Shenzhen Expressway Co is a joint stock limited company incorporated in the People’s Republic of China. It operates in the infrastructure sector, primarily focusing on the construction and management of expressways and other transportation-related projects. The company is listed on the Stock Exchange of Hong Kong Limited.

YTD Price Performance: -11.38%

Average Trading Volume: 533

Technical Sentiment Signal: Buy

Current Market Cap: $3.43B

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