Jiangsu Expressway (HKG:0177, SHA:600377) issued its fourth tranche of super short-term commercial paper worth 560 million yuan, according to a Shanghai bourse filing on Thursday.
The bonds have a coupon rate of 1.48% and a term of 170 days, maturing on Jan. 9, 2026.
Bank of Nanjing (SHA:601009) served as the bookkeeper and lead underwriter for the issuance, the Chinese expressway operator said.
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