Shanxi Installation (02520.HK): Completes RMB 350 Million Corporate Bond Issuance with a Coupon Rate of 2.37%

NewTimeSpace News: On June 24, 2026, Shanxi Installation (02520.HK) issued an announcement stating that the second tranche of its 2026 publicly offered corporate bonds for professional investors was successfully issued on the same day. The actual issuance volume totals RMB 350 million, with a par value of RMB 100 per bond and an offering price of RMB 100 per bond. The coupon rate is set at 2.37%, and the interest commencement date falls on June 24, 2026.

This issuance is conducted within the total corporate bond quota of no more than RMB 1.35 billion approved by the China Securities Regulatory Commission. The raised proceeds will be used to repay the company’s maturing debts.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.