Shandong Hi-speed (SHA:600350) completed the issuance of 1 billion yuan of 177-day bonds, according to a Thursday disclosure to the Shanghai Stock Exchange.
The bonds have an issuance rate of 1.51% and are redeemable on Jan. 22, 2027.
Industrial Bank (SHA:601166) is the bookkeeping manager and lead underwriter, while China Construction Bank Corp. (HKG:0939, SHA:601939) is the joint lead underwriter for the issuance.
Shares fell 1% during morning trading on Thursday.