Shenzhen International Gains Approval for Debt Instruments

Shenzhen International Holdings (HK:0152) has released an update.

Shenzhen International Holdings has gained approval from the National Association of Financial Market Institutional Investors to register multiple debt financing instruments valued up to RMB10,000 million. The company plans to issue the first tranche of 2024 medium-term notes, raising up to RMB4,500 million, to repay existing bonds and boost working capital. The coupon rate will be determined based on market conditions.

For further insights into HK:0152 stock, check out TipRanks’ Stock Analysis page.