Lujiazui raises 600m yuan from medium-term notes

Shanghai Lujiazui Finance & Trade Zone Development Co raised 600 million yuan through its third tranche of medium-term notes in 2025.

The two-year notes carry a 1.79% coupon rate and were issued on July 24, with capital received the following day. The issuance forms part of a larger 5 billion yuan medium-term note registration program.

Shanghai Bank served as lead underwriter, with China Minsheng Bank, Bank of Communications, Industrial Bank, and Shanghai Pudong Development Bank as joint lead underwriters.