Shanghai Construction Group issues second tranche of medium-term notes

Shanghai Construction Group Co., Ltd. announced the successful issuance of its 2025 second tranche of medium-term notes, following approval at the company's 2024 annual general meeting for the issuance of debt financing instruments. The proceeds from this issuance will be used to repay interest-bearing debts.

The medium-term notes, named "Shanghai Construction Group Co., Ltd. 2025 Second Tranche Medium-Term Notes" with the shorthand "25 沪建工 MTN002", commenced on September 19, 2025. Both the planned and actual issuance amounts are 20 亿元, with an issuance interest rate of 2.42%. The notes have a maturity period of "3+N years" and will be redeemed on September 19, 2028. The issue price is 100.00.

The company received an "Acceptance of Registration Notice" from the National Association of Financial Market Institutional Investors in August 2025, allowing for the segmented public issuance of various debt financing tools, including medium-term notes, within the registration validity period.