Guangdong Shunkong Development Issues 600 Million Yuan of Bonds
Guangdong Shunkong Development (SHE:003039) completed the issuance of 600 million yuan of its medium-term debts, according to a Wednesday filing with the Shenzhen bourse.The bonds have a term of up to five years and are redeemable Aug. 31, 2031 with a rate of 1.72%. They form part of a 2-billion-yuan bond program.China Galaxy Securities is the bookkeeping manager and lead underwriter. China Merchants bank is a co-lead underwriter.