Sanyou Chemical Industries Issues Medium-Term Bonds Worth 800 Million Yuan

MT Newswires Live05-11

Tangshan Sanyou Chemical Industries (SHA:600409) issued 800 million yuan in medium-term bonds, according to a Shanghai bourse filing on Monday.

The bond has a coupon rate of 1.90% and a term of three years, maturing May 8, 2029.

China Merchants Bank (SHA:600036, HKG:3968) is the lead underwriter for the issuance.

The Chinese chemical company's shares closed 2% higher.

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