Shanghai International Port issues CNY 2bn in notes

Shanghai International Port Group (SIPG) (SSE: 600018) has announced the successful issuance of its first series of medium-term notes for 2025. The notes, officially titled "Shanghai International Port (Group) Co., Ltd. 2025 First Tranche Medium-Term Notes" (25 沪港务 MTN001), were issued on April 16, 2025, with a total issuance value of CNY 2 billion. The notes carry a fixed interest rate of 1.74% and have a maturity period of three years, maturing on April 16, 2028. The proceeds from the issuance will be used entirely to repay the maturing principal of the "22 沪港务 MTN001" notes. Shanghai Bank Co., Ltd. served as the lead underwriter for this issuance.