An announcement has been released regarding a planned corporate bond issuance.
China Railway Construction Corporation Limited (CHINA RAIL CONS, 01186) intends to issue up to 3 billion yuan (inclusive) in its second tranche of 2026 science and technology innovation perpetual corporate bonds targeted at professional investors. The issuance will consist of two series.
The coupon rate inquiry range for Series One is set between 1.40% and 2.40%, while the range for Series Two is between 1.90% and 2.90%.
Proceeds from this bond issuance, after deducting related issuance expenses, will be allocated entirely for productive expenditures. These funds are designated for purposes that comply with regulatory requirements, such as repaying debts and supplementing working capital.
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