CHINA RAIL CONS (01186) has announced the completion of its bond issuance. According to the issuance announcement for the 2026 Sci-Tech Innovation Corporate Bond (First Tranche) for professional investors, the issuance scale was set at no more than 3 billion yuan (inclusive). This bond issuance comprises two series: Series One with a term of 15 years and Series Two with a term of 20 years.
The issuance process concluded on May 25, 2026. The final actual issuance size for Series One was 2.00 billion yuan, with a final coupon rate of 2.37% and a subscription multiple of 1.925 times. For Series Two, the final actual issuance size was 1.00 billion yuan, with a final coupon rate of 2.49% and a subscription multiple of 1.62 times.
Comments