China Railway Group to Issue Up to RMB 3 Billion Corporate Bonds

Stock News06-24 17:33

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment