Chengdu Expressway Co., Ltd. Class H (HK:1785) has released an update.
Chengdu Expressway Co., Ltd. has announced plans to issue corporate bonds worth up to RMB2 billion to meet its financing needs and diversify its financial strategies. The bonds, with a term of up to 10 years and an expected coupon rate of 2.5% to 3.5%, are subject to regulatory approval and market conditions. Investors are cautioned to consider the potential risks involved as the issuance is not guaranteed.
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