Yuexiu Capital sets 1.85% coupon rate for new bond tranche

Guangzhou Yuexiu Capital Holding Group Co., Ltd. announced the final coupon rate for its 2025 public issuance of corporate bonds (Tranche III) to professional investors. The issuance, with an approved scale of up to RMB7 bn, will see Tranche III offered in two varieties.

Following a book-building process on October 15, 2025, the coupon rate for the two-year Tranche I bonds was set at 1.85%, within an initial inquiry range of 1.60%-2.20%. Tranche II bonds, with a 10-year maturity, were initially offered within a 2.00%-3.00% inquiry range but were subsequently canceled due to market conditions.

The Tranche III issuance has a maximum size of RMB1 bn. The bonds will be offered to professional investors via an offline placement from October 16 to October 17, 2025, at the determined coupon rate. Further details are available on the Shenzhen Stock Exchange and CNINFO websites.