China Jinmao: Subsidiary company completes issuance of 2 billion yuan medium-term notes, with a coupon rate of 2.3%.
On the evening of July 23, China Jinmao announced on the Hong Kong Stock Exchange that its wholly-owned subsidiary Shanghai Jinmao Investment Management Group Co., Ltd. completed the issuance of RMB 2 billion worth of 2025 first tranche medium-term notes to qualified investors on July 23, 2025. The first tranche notes have a maturity of three years and a final coupon rate of 2.3%. The proceeds from the issuance of the first tranche notes are intended to be used to repay the company's other maturing notes.
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