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.
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