Summary by Moomoo AI
Startup Group Limited (the “Startup Group”) has completed the issuance of the first Green Interim Notes for 2024 on 21 March 2024, which will be used for the construction of green warehousing projects, repayment of interest and supplemental operating capital. The total amount of the notes for the period is RMB 1.0 billion, with an annual interest rate of 3.55% and will mature on March 21, 2027. This issuance is based on the company's prior announcement of the Panda Notes issued on January 18, May 29 and November 8, 2023. As of now, total issuance of Panda Bonds has reached RMB36 billion. The newly created group said it would make a further announcement on the proposed release in due course.