Yankuang Energy Group Raises 2 Billion Yuan via Bonds Issue

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Yankuang Energy Group Raises 2 Billion Yuan via Bonds Issue

MT Newswires Live2024-12-12

Yankuang Energy Group (HKG:1171, SHA:600188) issued 2 billion yuan worth of 2024 fourth tranche of medium-term bonds on Tuesday.

The bonds have a term of 2 years and an interest rate of 2.06%. The company has already issued the bonds and has received 2 billion yuan as of Wednesday, a Thursday Hong Kong bourse filing said.

China Merchants Bank (HKG:3968, SHA:600036) acted as the lead under-writer for the bonds while Industrial Bank (SHA:601166), China Guangfa Bank, CITIC Bank (HKG:0998, SHA:601998) were the joint-lead underwriters.

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