China Railway Construction Sets Initial Coupon Rate for 2026 Tech Innovation Perpetual Bond Series

Stock News06-17

China Railway Construction Corporation Limited (CHINA RAIL CONS) (01186) has issued an announcement regarding its 2026 Science and Technology Innovation Perpetual Corporate Bonds (Series II) targeted at professional investors.

The total issuance size for this bond series is capped at RMB 30 billion, inclusive of this amount.

Based on the results of the offline inquiry with professional institutional investors and following consultations between the issuer and the lead manager, the initial coupon rate for the first cycle of Bond Type I has been set at 1.94%.

Concurrently, the initial coupon rate for the first cycle of Bond Type II has been determined to be 2.45%.

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