CONCH VENTURE (00586) has announced the public issuance in China of its second and third series of green medium-term notes (Bond Connect) for 2026. The total principal amounts for the second and third series are RMB 840 million and RMB 700 million, respectively. Both series have a term of five years and a coupon rate of 1.75%, issued without guarantee. The proceeds from these notes are designated primarily for the repayment of the maturing second series of green medium-term notes (Bond Connect) issued in 2023. The company, as the issuer, has received a AAA credit rating from United Credit Ratings Co., Ltd.
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