Guangdong Investment Ltd (HKG: 00270) has announced that its indirect wholly-owned subsidiary, Guangdong Guangdong Water Investment Co., Ltd., successfully completed the first tranche of a corporate bond issuance to professional institutional investors on August 27, 2026.
The bond, with a principal amount of up to 500 million yuan (including 500 million yuan), carries a three-year term. Following bookbuilding, the final coupon rate was set at 1.49% on August 21, 2026.
The actual issuance size reached 500 million yuan, with a subscription multiple of 7.42 times. Interest on the bonds accrues from August 27, 2026, and the proceeds will be used to repay the issuer's existing borrowings and supplement its working capital.