Dalian Port Group Issued 24 Yuan 1 Billion 900 Million Yuan 6 Year Corporate Bonds

In December 23rd,

The announcement shows that the bonds are six year fixed rate bonds. At the end of third, the issuers raised the option to raise the coupon interest rate and the investors' option to sell back.

The annual interest rate of the bonds in the first three years of the current period is 4.80%, which is fixed within the first three years of the term of the bonds. At the end of third, the issuer may choose to raise the bond's annual interest rate from 0 to 100 basis points (including the total number) within three years after the maturity of the bonds, and the annual interest rate of the convertible bonds will be fixed at the base point of the three year before the maturity date of the bonds, and will remain unchanged for three years after the maturity of the bonds.

According to the announcement, the total amount of funds raised in this period is 1 billion 900 million yuan, of which 1 billion 140 million yuan will be used for the construction of fixed assets investment projects in the North Breakwater of the Tai Wan Wan port area, the reconstruction and expansion of the channel and the shipbuilding of the Tai Wan Bay port area; 380 million yuan will be used to adjust the debt structure of the company; the remaining 380 million yuan will be used to supplement the company's working capital.

According to China Chengxin International Credit Rating Co's comprehensive evaluation, the issuer's main credit rating is AA+, and the current bond's credit rating is AA+.

This period bond is unsecured.