Shanxi Installation Raises 350 Million Yuan in Second Tranche of Corporate Bonds
Shanxi Installation (HKG:2520) raised 350 million yuan through the second tranche of its 2026 corporate bond offering, according to a Wednesday Hong Kong bourse filing.The bonds carry a coupon rate of 2.37%, have a par value of 100 yuan each, and were issued at par.Shanxi said the proceeds will be used to repay maturing debt.The issuance forms part of a previously approved public offering of corporate bonds totaling up to 1.35 billion yuan to professional investors.