CGS: Completed the issuance of the 2025 corporate bonds (second phase) (continuation issuance)
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China Galaxy has completed a private placement of 2025 corporate bonds (Phase II) to professional investors (continued issuance). Among them, the issuance scale of Type I is 3 billion yuan, with a coupon rate of 1.84% and a term of 13 months; the issuance scale of Type II is 2 billion yuan, with a coupon rate of 2.05% and a term of 25 months. The raised funds will be used to repay the principal of maturing bonds and to supplement working capital
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