China Merchants Expressway Network & Technology (SHE:001965) raised 500 million yuan from the issuance of two-year debts, according to a Saturday filing with the Shenzhen bourse.
Shares fell nearly 1% during the midday break on Monday.
The coupon rate of the issuance is 1.52%, with seven out of 13 valid subscriptions.
China Merchants Bank (HKG:3968, SHA:600036) is the bookkeeping manager and lead underwriter, while Agricultural Bank of China (HKG:1288, SHA:601288) is the joint lead underwriter.