China Merchants Port Group issues CNY 2bn bonds

China Merchants Port Group (SZSE:001872) announced the successful issuance of its first phase of ultra-short-term financing bonds for 2025. The issuance, totaling CNY 2 billion, was completed on May 19, 2025, with funds fully received by May 20, 2025. These "25 招商局港SCP001" bonds carry a coupon rate of 1.51% and mature in 180 days, with a redemption date set for November 16, 2025. The lead underwriters for the issuance were China Merchants Bank and China Construction Bank. The company confirmed it is not a defaulting entity.