Shouguang Construction has applied to the Australian Stock Exchange (ASX) to list 200 million RMB bonds.
On May 15, Shouguang City Urban Construction Investment and Development Co., Ltd. (referred to as "Shouguang Urban Construction") announced the issuance of guaranteed bonds with a scale of 200 million RMB and a coupon rate of 6.6% (ISIN: XS3054386852). The bond will mature in 2027.
As stated in the issuance letter (dated May 9, 2025), the application for listing of the bonds issued only to professional investors (as defined in the Macau Monetary Authority's Guidelines on the Issuance and Trading of Corporate Bonds Section 2.1.6) has been submitted to the Macau (MOX) Financial Asset Trading Co., Ltd.
The above-mentioned bonds were approved to be listed and traded on May 15, 2025.
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