Guangdong Investment Limited announced that its indirect wholly-owned subsidiary, Guangdong Yuehai Water Investment Co., Ltd., has finalized the issuance of its first tranche of onshore corporate bonds.
The offering, completed on 27 August 2026, raised RMB500.00 million with a three-year tenor and a fixed coupon of 1.49%. Investor demand was strong, generating a subscription multiple of 7.42 times during book-building.
Interest on the bonds accrues from 27 August 2026. Proceeds are earmarked for repayment of existing borrowings and to supplement the subsidiary’s working capital.
Full issuance details are available on the Shenzhen Stock Exchange website.
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