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Shenzhen Expressway Launches Short-term Debt Offering
Company Announcements

Shenzhen Expressway Launches Short-term Debt Offering

Shenzhen Expressway Co (HK:0548) has released an update.

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Shenzhen Expressway Corporation Limited has successfully issued its 2024 Phase II Super Short-term Commercial Paper on July 22, 2024, with an issuance amount of RMB 1.5 billion and an interest rate of 1.75%. The short-term debt, set to mature on April 19, 2025, was fully subscribed at a face value of RMB100 per paper, facilitated by China CITIC Bank Corporation Limited and Ping An Bank Co., Ltd. as the lead and joint lead underwriters, respectively.

For further insights into HK:0548 stock, check out TipRanks’ Stock Analysis page.

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