China Merchants Expressway Network & Technology (SHE:001965) received approval from the National Association of Financial Market Institutional Investors to register debt financing instruments.
The two-year registration allows the expressway operator to issue various products, including ultra-short-term notes, medium-term notes, perpetual notes, asset-backed securities and green financing instruments, according to a filing with the Shenzhen bourse.
China Merchants Bank serves as one of the joint lead underwriters.
Shares of the company were down 1% in recent trade.
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