Yuexiu Transport Completes Medium Term Notes Issue

Yuexiu Transport Infrastructure (HK:1052) has released an update.

Yuexiu Transport Infrastructure Limited has successfully issued the 2024 Phase II Medium Term Notes, raising RMB 500 million with a 2.16% coupon rate over a 3-year term. With an ‘AAA’ credit rating from China Chengxin International Credit Rating Co., Ltd., the company aims to utilize the funds to repay existing bonds, aligning with its usual business practices.

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