China Galaxy (06881) completed the issuance of 2 billion yuan of short-term financing bonds with a coupon rate of 1.89%.

China Galaxy (06881) announced that the company has completed the issuance of the twelfth tranche of short-term financing bonds for the year 2024 on November 20, 2024. The issuance size of this tranche is RMB 2 billion, with a face value and issuance price of RMB 100 per unit. The term of this tranche is 92 days, with a final coupon rate of 1.89%. The funds raised from this issuance will be used to supplement the company's working capital.