Shenzhen Expressway Sells 500 Million Yuan of Three-Year Bonds in China

MT Newswires Live10-21

Shenzhen Expressway (HKG:0548, SHA:600548) issued 500 million yuan of medium-term bonds in China's interbank market on Oct. 17 and 18, a Monday bourse filing said.

The bonds carry an interest rate of 2.16% and will fall due in three years, according to the freeway operator.

Industrial and Commercial Bank of China or ICBC (HKG:1398, SHA:601398) was the book runner and lead underwriter for the issue.

Hong Kong-listed shares of Shenzhen Expressway closed nearly 2% lower on Monday.

Price (HKD): $7.06, Change: $-0.11, Percent Change: -1.53%

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