Yuexiu Transport Raises Funds Through Medium Term Notes
Company Announcements

Yuexiu Transport Raises Funds Through Medium Term Notes

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

Yuexiu Transport Infrastructure Limited has successfully issued the 2024 Phase IV Medium Term Notes, raising RMB700 million with a 2.14% coupon rate over a 3-year term. The company, with a ‘AAA’ credit rating, intends to use the proceeds to repay existing bonds, in line with its normal business operations. This move aims to keep investors up-to-date on the company’s financial strategies and growth.

For further insights into HK:1052 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskYuexiu Transport Seeks RMB15 Billion Debt Financing
TipRanks HongKong Auto-Generated NewsdeskYuexiu Transport’s Strategic Move: Potential Equity Sale
TipRanks HongKong Auto-Generated NewsdeskYuexiu Transport Infrastructure Plans Major Acquisition
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App