Zhuhai Port issues first short-term financing bonds

Zhuhai Port Co., Ltd. (SZSE:000507) has announced the successful issuance of its first short-term financing bonds for 2025. The issuance, approved by resolutions from the Board of Directors on July 15, 2024, and the General Meeting of Shareholders on August 2, 2024, was registered with the National Association of Financial Market Institutional Investors. The total issuance amount was 400 million RMB, matching the planned amount, with the bond carrying a coupon rate of 2.13%. Named "25 Zhuhai Port CP001" under the code 042580155, the bonds have a term of 114 days, with an interest start date of March 19, 2025, and a redemption date of July 11, 2025. China CITIC Bank Co., Ltd. acted as the book-running manager and lead underwriter, while Guangfa Bank Co., Ltd. served as the joint lead underwriter. Documents about the issuance are available on Chinamoney.com.cn and Shanghai Clearing House. The company says it is not subject to discredit responsibilities.