SPIC Green Energy (SHE:000875) issued 600 million yuan in three-year science and technology bonds, according to a prospectus filed after hours on Tuesday with the Shenzhen bourse.
The bonds have a fixed coupon rate to be determined through bookbuilding, and are part of a 3-billion-yuan bond issuance.
Guotai Haitong Securities is the lead underwriter of the bonds.
Proceeds will help repay existing interest-bearing debts.