GUANGDONG INV (00270.HK): Subsidiary completes RMB 500 million corporate bond issuance at coupon of 1.49%, oversubscribed 7.42 times

NewTimeSpace News: On 27 August 2026, Guangdong Investment Limited (stock code: 00270) announced that its indirectly wholly-owned subsidiary, Guangdong Yuehai Water Investment Co., Ltd., has completed the issuance of the first tranche of corporate bonds, with an actual issuance size of RMB 500,000,000, a term of 3 years, a final coupon rate of 1.49%, and interest accruing from 27 August 2026.

According to the announcement, the issuer offered the first tranche of corporate bonds with an aggregate principal amount not exceeding RMB 500,000,000 to professional institutional investors on 20 August 2026, with a term of 3 years, and the final coupon rate of 1.49% was determined on 21 August 2026 based on the bookbuilding results. The subscription multiple of this issuance was 7.42.

The proceeds of the first tranche of corporate bonds will be used to repay the issuer's existing borrowings and replenish its working capital. Details of the bonds are published on the website of the Shenzhen Stock Exchange.

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