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Shangri-La's debut panda bond subscribed 4.09 times

It bore a coupon rate of 2.5%.

Shangri-La's first panda bond issued under the RMB20b MTN Programme was subscribed 4.09 times.

The bonds bore a coupon rate of 2.5%.

The company will use the issuance proceeds for general corporate purposes.

 The Bank of China, China Merchants Securities, and Mizuho Bank (China), Ltd. jointly manage the RMB1b 3-year note.

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