SIPG successfully issues two tranches of mid-term notes

Shanghai International Port Group (SSE:600018) has successfully issued two tranches of mid-term notes. The first tranche, "Shanghai International Port (Group) Co., Ltd. 2025 Fourth Tranche of Medium-Term Notes," with the bond code 102582095, has a total issuance of CNY 10 billion and an interest rate of 2.11%. The second tranche, "Shanghai International Port (Group) Co., Ltd. 2025 Fifth Tranche of Medium-Term Notes (Transformation)," with the bond code 102582129, has a total issuance of CNY 20 billion and an interest rate of 2.08%, with proceeds earmarked for green projects. These notes are part of a broader debt financing strategy approved by the company's board and shareholders. Proceeds from the issuances will be used to fund the construction and upgrade of port facilities, including the expansion of the Luo Jing and Xiao Yang Shan port areas.