Guangzhou Development Group (SHA:600098) issued super short-term commercial paper worth 1.80 billion yuan, according to a Shanghai bourse filing on Thursday.
The bonds have an issuance rate of 1.58% and a term of 270 days, maturing Nov. 1.
Industrial Bank (SHA:601166) is the bookrunner and lead underwriter of the issuance, the coal products distributor said.
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