Tongkun (SHA:601233) issued super short-term commercial paper worth 500 million yuan, according to a Shanghai bourse filing on Thursday.
The bond has a coupon rate of 1.54% and a term of 269 days, maturing April 9, 2027.
Industrial and Commercial Bank of China (SHA:601398, HKG:1398) served as the bookrunner and lead underwriter of the issuance.
The polyester filament yarn manufacturer's shares fell 2% during the afternoon trade.
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