CONCH VENTURE (00586) has announced that on December 2, 2025, the company received a Notice of Registration Acceptance from the National Association of Financial Market Institutional Investors. The notice approved the registration of the company's debt financing instruments with a total quota of RMB 5 billion, which remains valid for two years from the date of issuance. On February 4, 2026, the company publicly issued the first tranche of its 2026 green medium-term notes (Bond Connect) in the People's Republic of China. The total principal amount is RMB 1.235 billion, with a five-year term and a coupon rate of 1.9%. The notes are unsecured. The primary purpose of this issuance is to repay the maturing first tranche of 2023 green medium-term notes (Bond Connect). The issuer has received a AAA credit rating from United Credit Ratings Co., Ltd.
Comments