Shenzhen Expressway Co (HK:0548) has released an update.
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Shenzhen Expressway Co. has successfully issued its 2024 Phase I Medium-term Notes, valued at RMB 0.5 billion, in the interbank market of the People’s Republic of China. The notes, with a term of three years and an interest rate of 2.16%, were fully subscribed, indicating strong investor confidence. This issuance was managed by the Industrial and Commercial Bank of China as both book runner and lead underwriter.
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