On June 5th, Shaanxi Construction Engineering Group Co., Ltd. announced the issuance of its fifth ultra – short – term financing bond in 2025. The bond, abbreviated as “25 Shaanxi Construction Group SCP005” and coded 012581273, has a term of 270 days. The interest commencement date is set for June 4, 2025, with the redemption date scheduled for March 1, 2026.
Issuance Amount and Interest Rate
Shaanxi Construction Engineering planned to issue a total of 10 billion yuan, and the actual issuance amount matched this target. The issuance interest rate was set at 2.50%, with the bonds priced at 100.009 yuan per 100 yuan face value.
Underwriting Information
The registration manager, lead underwriter, and co – lead underwriter for this bond issue are all China Everbright Bank Co., Ltd. The balance underwriting scale is 220 million yuan, with China Everbright Bank Co., Ltd. underwriting the entire amount at a ratio of 22.00%.
Company Statement and Purpose
Shaanxi Construction Engineering Group clarified that neither the company nor its related parties participated in the subscription of this debt financing instrument. The proceeds from the ultra – short – term financing bonds will be used to provide working capital support for the company. This move is expected to optimize the company’s debt structure and reduce financing costs.
Conclusion
The successful issuance of 10 billion yuan in ultra – short – term financing bonds by Shaanxi Construction Engineering Group at an interest rate of 2.50% reflects the company’s strategic approach to managing its financial resources. By optimizing its debt structure and securing additional working capital, Shaanxi Construction Engineering aims to enhance its operational efficiency and financial stability.
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