China Merchants Port Issues 2 Billion Yuan in 180-Day Debts

MT Newswires Live11-25

China Merchants Port Group (SHE:001872, SHE:201872) issued 2 billion yuan of 180-day debts on the country's interbank bond market.

Proceeds from the issuance will be used to boost working capital and repay matured debts, according to a Saturday filing with the Shenzhen Stock Exchange.

China Merchants Bank (HKG:3968, SHA:600036) is the lead underwriter for the offering while Industrial Bank (SHA:601166) is the co-lead underwriter.

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