Shandong Hi-speed (SHA:600350) issued ultra-short-term financing bonds worth 1 billion yuan, according to a Wednesday filing on the Shanghai bourse.
The bonds have a 1.69% interest rate and a term of 178 days, maturing on July 17.
Industrial Bank (SHA:601166) is the bookrunner and lead underwriter of the issuance.
The transport infrastructure services provider's shares fell less than 2% during the morning trade.
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