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SHANGRI-LA ASIA (00069.HK) Raises RMB1B With Issuance of 2 Tranches of Panda Bond

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2024-07-22 14:43

BANK OF CHINA (03988.HK), CMSC (06099.HK), and CM BANK (03968.HK) announced that SHANGRI-LA ASIA (00069.HK) recently successfully issued 2 tranches of...

  BANK OF CHINA (03988.HK) +0.030 (+0.885%) Short selling $172.12M; Ratio 41.876% , CMSC (06099.HK) +0.060 (+0.988%) Short selling $375.14K; Ratio 4.714% , and CM BANK (03968.HK) -0.350 (-1.034%) Short selling $99.28M; Ratio 29.719% announced that SHANGRI-LA ASIA (00069.HK) -0.090 (-1.607%) recently successfully issued 2 tranches of Panda Bond, namely a RMB600 million 3-year medium-term note (MTN) and a RMB400 million 5-year MTN. The coupon of the 3-year note is 2.27%, subscribed 3.25x, while the coupon for the 5-year note is 2.5%, subscribed 1.98x.

  Shangri-La had earlier set up a RMB20 billion MTN Programme, and issued a RMB1 billion three-year bond early last month. This was the second issuance of that programme. Proceeds raised from the issuance will be used for general corporate purposes.

  (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-22 12:25.)

  Related NewsG Sachs: CN Needs More Easing Policies; 25 bps RRR Cut/ 10 bps Interest Rate Cut Expected in 3Q/ 4Q

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