YANKUANG ENERGY (01171.HK) issues RMB2 billion of 3+N-year M&A MTNs at 1.67%, proceeds received 26 October

YANKUANG ENERGY (01171.HK) issued RMB2 billion of 2026 third-tranche MTNs (M&A) on 23 October at a 1.67% coupon, with a 3+N year term; proceeds were received on 26 October.

NewTimeSpace News: On 28 October, Yankuang Energy Group Company Limited (YANKUANG ENERGY, 01171.HK; 600188.SH) announced the results of its issue of the 2026 third tranche of medium-term notes (merger and acquisition). The company obtained approval to register debt financing instruments on 20 June 2025 (NAFMII Registration No. [2025] TDFI23), valid for two years; the notes were issued on 23 October 2026, raising RMB2 billion, and the proceeds were received on 26 October 2026.

The notes are designated "26 YANKUANG ENERGY MTN003 (M&A)" under code 102684213, with a term of 3+N years, an interest commencement date of 26 October 2026 and a first coupon rate reset date of 26 October 2029. Both the planned and actual issue size were RMB2 billion, with a coupon rate of 1.67%, issued at par at RMB100 per RMB100 of face value.

Industrial Bank Co., Ltd. acted as bookrunner and lead underwriter, while China Merchants Bank Co., Ltd. and Bank of China Limited acted as joint lead underwriters. 

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