Xiandai Investment Raises 500 Million Yuan in Bond Issue

MT Newswires Live11-11

Xiandai Investment (SHE:000900) raised 500 million yuan via the issue of two-year bonds with a coupon rate of 1.84%.

Shanghai Pudong Development Bank serves as lead underwriter and Bank of Beijing serves as joint lead underwriter, according to a Tuesday filing with the Shenzhen bourse.

Shares of the construction and investment services provider closed 1% higher Tuesday.

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