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Yankuang Energy Raises 2.5 Billion Yuan in Medium-Term Bond Issue

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Yankuang Energy (SHA:600188) raised 2.5 billion yuan via the issuance of medium-term bonds, according to a weekend filing with the Shanghai bourse.

The offering comprises 1.2 billion yuan of 3+N-term bonds carrying a 1.75% interest rate and 1.3 billion yuan of 5+N-term bonds at 1.95%.

China Merchants Bank serves as lead underwriter. Industrial Bank and Bank of China serve as joint lead underwriters.

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