China Merchants Expressway to Pay Annual Interest on 1-Billion-Yuan Bonds
China Merchants Expressway Network & Technology (SHE:001965) will make a second interest payment for the 25 Zhaolu K2 technology innovation corporate bonds on Thursday to holders on record as of Wednesday.The 1-billion-yuan three-year bonds carry a coupon rate of 1.76%, with each 1,000-yuan lot receiving 17.60 yuan in interest, according to a Monday aftermarket filing on the Shenzhen bourse.Shares of the toll expressway operator slid 2% in recent trade.