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Yankuang Energy’s Successful RMB 2 Billion Bond Issuance
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Yankuang Energy’s Successful RMB 2 Billion Bond Issuance

Yankuang Energy Group Company Limited Class H (HK:1171) has released an update.

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Yankuang Energy Group Company Limited has successfully issued the third tranche of its 2024 super-short-term bonds, raising RMB 2 billion with an interest rate of 1.75%. The bonds, which are set to mature on September 19, 2025, were managed by Industrial Bank Co., Ltd. as the lead underwriter, with China Everbright Bank Company Limited as the joint-lead underwriter. This issuance reflects the company’s strategic financial maneuvers in the market, attracting investor interest.

For further insights into HK:1171 stock, check out TipRanks’ Stock Analysis page.

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