Ganyue Expressway Completes Issuance of 300 Million Yuan Floating-Rate Medium-Term Notes

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Ganyue Expressway successfully issued the first tranche of its 2026 medium-term notes, which are floating-rate bonds, with an issuance size of 300 million yuan. The notes have a term of two years, with an interest accrual date of July 27, 2026, and an initial coupon rate of 1.51 percent, linked to the one-year Loan Prime Rate and reset annually. The issuance was made under registration document PDFI9 of 2026 from the National Association of Financial Market Institutional Investors.

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