Shanghai International Port Group to issue 4 bln yuan worth of 365-day bonds

Shanghai International Port (Group) Co Ltd said it plans to issue 4 bln yuan worth of 365-day debt on July 11.
In a statement published on the official Chinabond.com website, the company said the yield will be set via book-building on that day, with proceeds to supplement working capital.
China Everbright Bank is the underwriter for the issue.