Core Viewpoint - China New Town (01278.HK) announced the issuance of a RMB 1.5 billion bond maturing in 2028 with an interest rate of 2.95% [1] Group 1 - The bond subscription agreement was established between the issuer, CNTDSuccess Company Limited, and the underwriters on November 20, 2025 [1] - The bond will benefit from liquidity support and a maintenance commitment provided by Wuxi Transportation Group [1] - Wuxi Transportation Group also provided a share purchase commitment related to the bond issuance [1]

Core Viewpoint - China New Town (01278) announced the issuance of a RMB 1.5 billion bond maturing in 2028 with an interest rate of 2.95% [1] Group 1: Bond Issuance Details - The bond will be issued by CNTD Success Company Limited, a wholly-owned subsidiary of China New Town [1] - The bond subscription agreement was established with the underwriters and Wuxi Transportation Group [1] - The net proceeds from the bond issuance will be used to refinance existing offshore debts after deducting commissions and other expected expenses related to the bond sale [1] Group 2: Support and Commitments - The bond will benefit from liquidity support and a commitment to purchase equity provided by Wuxi Transportation Group [1]

Core Viewpoint - China New Town (01278) announced the issuance of a RMB 1.5 billion bond with a maturity date in 2028 and an interest rate of 2.95% [1] Group 1 - The bond subscription agreement was established between the company, its wholly-owned subsidiary CNTD Success Company Limited, and Wuxi Transportation Group [1] - The proceeds from the bond issuance, after deducting commissions and other expected expenses, will be used to refinance the issuer's existing offshore debt [1] - The bond will benefit from liquidity support and a share purchase commitment provided by Wuxi Transportation Group [1]