Shenzhen Energy Group (SHE:000027) decided on the final coupon rate for 1.50 billion yuan worth of perpetual bonds, according to a Shenzhen bourse filing on Thursday.
The energy company determined the coupon rate to be 1.71% following an off-site inquiry among investors and consultation with the underwriters.
The off-site bond issuance will be conducted between Sept. 18 and Sept. 21.
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