Guangzhou Development announced that on August 11, 2026, the company issued its second tranche of medium-term notes for 2026, with an actual total issuance of 1.5 billion yuan, a coupon rate of 1.99 percent, and a tenor of seven years. The notes are abbreviated as 26 Guangzhou Development MTN002, with bond code 102602177, an interest accrual date of August 12, 2026, and a redemption date of August 12, 2033. The bookkeeping manager and lead underwriter was China International Capital Corporation Limited, and the joint lead underwriter was Bank of Hangzhou Company Limited. The company held its first extraordinary general meeting of 2025 on October 10, 2025, at which shareholders approved a proposal to issue medium-term notes, agreeing that the company may issue up to 8 billion yuan of medium-term notes during the period from 2025 to 2027. On December 4, 2025, the company received the acceptance of registration notice from the National Association of Financial Market Institutional Investors.
Guangzhou Development Group IncCompany issued 1.5 billion yuan of medium-term notes at 1.99% coupon, increasing debt.
Bank of Hangzhou Co Ltd