Yankuang Energy Raises RMB 1.5 Billion with Note Issuance

Yankuang Energy Group Company Limited Class H (HK:1171) has released an update.

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Yankuang Energy Group Company Limited has successfully issued its third tranche of medium-term notes, known as S&T Innovation Notes, raising RMB 1.5 billion. The notes carry an interest rate of 2.26% and the issuance was managed by China Merchants Bank with support from China Everbright Bank and others. This development marks a significant financial maneuver for the company, potentially attracting attention from investors interested in stable returns.

For further insights into HK:1171 stock, check out TipRanks’ Stock Analysis page.

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