Core Viewpoint - Shanghai Urban Development (00563) has successfully issued corporate bonds totaling up to RMB 1.15 billion, aimed at refinancing maturing debt [1] Group 1: Bond Issuance Details - The bonds were issued by Shanghai Chengkai (Group) Co., Ltd., a subsidiary of the company, on November 6, 2025 [1] - The issuance includes two types of bonds: (i) a three-year bond with a total principal of RMB 950 million and an annual interest rate of 2.08%, and (ii) a five-year bond with a total principal of RMB 200 million and an annual interest rate of 2.56% [1] - All bonds were issued through an offline book-building process targeted at professional institutional investors [1] Group 2: Use of Proceeds - The funds raised from the bond issuance will be used entirely for the replacement and repayment of maturing corporate bond principal from the company's own funds [1]
上实城市开发(00563)附属上海城开完成发行11.5亿元的公司债