Yankuang Energy Group Issues RMB3 Billion Sci-Tech Innovation Bonds

Reuters
2025.11.17 08:53
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Yankuang Energy Group Co. Ltd. successfully issued its 2025 third tranche of sci-tech innovation bonds, raising RMB3 billion. The bonds, with a term of 3+N years and an interest rate of 2.06%, were priced at RMB100 per unit. China Merchants Bank acted as bookrunner and lead underwriter, with Industrial Bank and China Guangfa Bank as joint-lead underwriters. The value date is 14 November 2025, with the first coupon rate reset on 14 November 2028.