China International Marine Containers (02039) has completed the issuance of 1 billion yuan super short-term commercial paper.

China International Marine Containers (02039) announced that on January 14, 2025, the company's first tranche of ultra-short-term financing bonds for the year 2025 has been successfully issued. The funds raised from the first tranche of ultra-short-term financing bonds were fully credited to the account on January 15, 2025, with an issuance amount of RMB 1 billion and an interest rate of 1.76% (annualized). Industrial and Commercial Bank of China Limited was the lead underwriter for the first tranche of ultra-short-term financing bonds, and Guangdong Development Bank Co., Ltd. was the joint lead underwriter. The proceeds from the first tranche of ultra-short-term financing bonds, amounting to RMB 1 billion, will be used to repay the company's upcoming bank loans and debt financing instruments.