The overseas development of China (00688) subsidiary plans to issue no more than 2 billion yuan mid-term notes.

The Zhixin Finance APP reported that China Overseas Development (00688) announced that its wholly-owned subsidiary, China Overseas Enterprise Development Group Co., Ltd., will issue the second tranche of medium-term notes in 2025 in China, with a total issuance amount not exceeding RMB 2 billion, and will be listed on the national interbank bond market. The medium-term notes will be issued in three varieties: the first variety with an issuance amount not exceeding RMB 1.5 billion and a maturity of 5 years; the second variety with an issuance amount not exceeding RMB 0.1 billion and a maturity of 10 years; the third variety with an issuance amount not exceeding RMB 0.4 billion and a maturity of 15 years. All three varieties come with options for inter-variety recall.