Jiangsu Expressway (SHA:600377, HKG:0177) issued two tranches of medium-term bonds totaling 1.5 billion yuan, according to a Shanghai bourse filing on Thursday.
The first tranche amounted to 500 million yuan, has an interest rate of 1.54% and a term of three years, maturing Sept. 1, 2029.
The second tranche is worth 1 billion yuan, has an interest rate of 1.62% and a term of five years, maturing Sept. 2, 2031.
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