Shenzhen Tagen Group Issues 1 Billion Yuan Bonds

MT Newswires Live06-21

Shenzhen Tagen Group (SHE:000090) on June 19 issued 1 billion yuan of five-year bonds due in 2029, according to a Friday filing with the Shenzhen bourse.

The bonds be redeemed on June 20, 2029, the filing said.

Proceeds will be used to repay the construction engineering company's bank loans.

Price (RMB): ¥4.08, Change: ¥, Percent Change: %

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