FINWIRES · TerminalLIVE
FINWIRES

Bank of Shanghai Raises 25 Billion Yuan in Two Bond Issues

By

Bank of Shanghai (SHA:601229) raised 25 billion yuan via the issue of three-year bonds, according to a weekend filing with the Shanghai bourse.

The financial bonds, with a coupon rate of 1.57%, raised 20 billion yuan. Proceeds are earmarked for asset-liability allocation needs, replenishing funding, optimizing the liability maturity structure and promoting business development.

The green financial bonds carrying a 1.50% coupon raised 5 billion yuan, with proceeds to go toward green industry projects.

Related Articles

Treasury

Shanghai Pudong Development Bank Raises 30 Billion Yuan for Small-Business Lending

Shanghai Pudong Development Bank (SHA:600000) raised 30 billion yuan via the issue of three-year fixed-rate bonds, priced at a coupon of 1.56%.Proceeds will be channeled exclusively into lending to small and micro enterprises, according to a weekend filing with the Shanghai bourse.

SHA:600000
Treasury

Nostrum Oil & Gas Launches Offer to Redeem $30 Million of Senior Notes Due 2026

Nostrum Oil & Gas (NOG.L) is offering to repurchase up to $30 million of its outstanding 5% senior secured notes due 2026.The oil and gas company opened the offer on July 24, according to a same-day filing. The notes are part of an original issuance worth $250 million, with $244.4 million outstanding as of offer launch.The redemption offer will run until Aug. 21, and settlement is scheduled in three days once the transaction takes effect.

$NOG.L
Treasury

Inspur Electronic Information Industry Issues 1 Billion Yuan of Five-Year Bonds

Inspur Electronic Information Industry (SHE:000977) issued 1 billion yuan of five-year bonds, according to a Saturday filing with the Shenzhen bourse.The bonds hold a coupon rate of 1.85% and will mature July 24, 2031.Shanghai Pudong Development Bank (SHA:600000) is the bookkeeping manager and lead underwriter for this issuance, while Industrial Bank (SHA:601166) is the joint lead underwriter.Inspur's shares slipped 2% during the midday break on Monday.

SHA:600000SHA:601166SHE:000977