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FINWIRES

SPIC Green Energy Issues 500 Million Yuan in SciTech Bond

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SPIC Green Energy (SHE:000875) issued science and technology bonds worth 500 million yuan, according to a Shenzhen bourse filing on Wednesday.

The renewable energy company's shares rose 2% at the close of Thursday's trade.

The bond has a term of three years and a coupon rate of 1.60%.

The bond received an oversubscription multiple of 3.44 times.

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