CGS Successfully Issues RMB 5.8 Billion Corporate Bonds

Stock News07-03 17:34

CGS (HKEX: 06881) has announced the successful completion of a public offering of its 2026 corporate bonds (fifth tranche) to professional investors on July 3, 2026.

The total issuance size for this tranche is RMB 5.8 billion, with a par value and issue price of RMB 100 per unit.

The bond issuance comprises two series with different maturities: a two-year series and a three-year series.

The final issuance size for the two-year series is RMB 1.8 billion, carrying a final coupon rate of 1.60%.

The final issuance size for the three-year series is RMB 4.0 billion, with a final coupon rate of 1.67%.

The net proceeds raised from this bond offering are intended to be used for supplementing the company's working capital.

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