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Jushi Issues 500 Million Yuan Super Short-Term Commercial Paper

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China Jushi (SHA:600176) completed the issuance of its super short-term commercial paper amounting to 500 million yuan, which is its sixth tranche for the year, according to a Shanghai bourse filing on Thursday.

The bond has a coupon rate of 1.53% and a term of 247 days, maturing March 12, 2027.

Postal Savings Bank of China (HKG:1658, SHA:601658) is the lead underwriter and China Construction Bank (HKG:0939, SHA:601939) is the joint lead underwriter of the issuance.

The fiberglass manufacturer's shares slipped 1% during the morning trade.

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