China Merchants Expressway gets NAFMII approval for debt financing instruments

China Merchants Expressway Network & Technology Holdings Co., Ltd. announced its debt financing instruments have received registration approval from the National Association of Financial Market Institutional Investors (NAFMII). This approval is valid for two years from the date of the notice and will be jointly underwritten by China Merchants Bank Co., Ltd. and other institutions.

The registration allows China Merchants Expressway to periodically issue various debt financing products during the two-year validity period. These include ultra-short-term commercial papers, short-term bonds, medium-term notes, perpetual bonds, asset-backed securities, and green debt financing instruments. The company can also issue these products through private placement. For each issuance, the lead underwriter, product type, issuance size, and term will be determined.

Following each issuance, China Merchants Expressway is required to disclose the results through channels recognized by NAFMII. The company will determine the timing of these issuances based on market conditions and its funding needs, in compliance with relevant laws, regulations, and NAFMII requirements, and will promptly fulfill its information disclosure obligations.