Shenzhen Expressway Co (HK:0548) has released an update.
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Shenzhen Expressway Co has successfully issued its 2024 Phase III Super Short-term Commercial Paper, raising RMB1.5 billion at an interest rate of 2.03%. The issuance, led by China Guangfa Bank with Ping An Bank as joint lead underwriter, is set to mature on January 17, 2025. This move reflects the company’s strategic efforts to optimize its financial structure and enhance liquidity.
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