China Railway Group Limited (HKEX: 00390) has announced its intention to issue corporate bonds.
The company plans to conduct the public offering of its 2026 Science and Technology Innovation Corporate Bonds (Third Tranche) targeted at professional investors on June 26, 2026 (T Day) and June 29, 2026 (T+1 Day).
The total issuance size for this tranche is set not to exceed RMB 3 billion, inclusive.
Each bond will have a par value of RMB 100, with an issue price also set at RMB 100 per bond.
The bonds are structured with a term of three years, and the interest accrual will commence from June 29, 2026.
Proceeds from the bond issuance, after deducting related issuance expenses, are earmarked for the repayment of the principal on existing corporate bonds.
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