Shekou Industrial Zone Holdings sets bond coupon rate at 1.90%

China Merchants Shekou Industrial Zone Holdings Co., Ltd. has announced the coupon rate for its 2025 public issuance of corporate bonds (Tranche 2) to professional investors. The offering, with a total size not exceeding RMB 4 billion, consists of two tranches.

Following an inquiry process with professional institutional investors on October 22, 2025, the coupon rate for Tranche 1 (bond code: 524484), a three-year fixed-rate bond, has been set at 1.90%. The initial inquiry range for Tranche 1 was between 1.50% and 2.50%.

Tranche 2 (bond code: 524485), a five-year fixed-rate bond with an inquiry range of 1.70% to 2.70%, was not issued. The final decision on the coupon rate was reached through a consensus between the issuer and the bookrunners.