Core Viewpoint - The China Securities Regulatory Commission has approved Bay Area Development's application to publicly issue panda bonds totaling up to RMB 2 billion in mainland China for professional investors [1] Group 1: Company Actions - Bay Area Development can issue the panda bonds in phases within a validity period of 24 months from the date of approval by the China Securities Regulatory Commission [1] - The issuance timing, scale, and other terms will be determined based on market conditions [1] Group 2: Financial Details - The face value of the panda bonds is capped at RMB 2 billion [1] - The coupon rate will be determined based on the results of the lead underwriter's book-building process [1] - The panda bonds are planned to be listed on the Shenzhen Stock Exchange [1]
湾区发展在中国内地发行人民币公司债券注册获得批复