Yuexiu Transport Issues New Medium Term Notes

Yuexiu Transport Infrastructure (HK:1052) has released an update.

Yuexiu Transport Infrastructure Limited has successfully issued the 2024 Phase III Medium Term Notes, totaling RMB500 million with a 2.27% coupon rate over a 5-year term. This strategic move, in line with the company’s ordinary business activities, aims to refinance existing debts and has been backed by an ‘AAA’ credit rating from China Chengxin International Credit Rating Co., Ltd. The announcement ensures investors are up-to-date with the company’s financial maneuvers.

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