Guangzhou Development to Pay 12.5 Million Yuan Annual Interest on 15-Year Bonds
Guangzhou Development Group (SHA:600098) on July 24 will pay annual interest on its 15-year, 500-million-yuan bonds carrying a 2.50% coupon rate.Total interest payment is 12.5 million yuan, according to a Friday filing with the Shanghai bourse.Shares of the power company closed 1% lower Friday.