Sichuan Road & Bridge (SHA:600039) issued medium-term bonds worth 1 billion yuan, representing the second tranche of its planned bond issuance for the year, according to a Shanghai bourse filing on Thursday.
The bond has a coupon rate of 1.69% and a term of three years, maturing July 7, 2029.
Industrial Bank (SHA:601166) is the lead underwriter and bookrunner of the issuance.
The construction engineering company's shares fell 2% during the morning trade.
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