Shenzhen Expressway receives regulatory approval for green bonds

By Mary-Katherine Stinson

Lexington, Ky., March 28 – Shenzhen Expressway Corp. Ltd. received approval from the China Securities and Regulatory Committee for the registration of a public issuance of green corporate bonds in an amount not to exceed RMB 4.1 billion, according to a company release.

As a result, the company may issue the bonds by tranches within 24 months of the date of approval to professional investors.

Shenzhen Expressway, formerly Shenzhen Expressway Co. Ltd., is a Shenzhen, Guangdong China-based company mainly engaged in the investment, construction, operation and management of toll roads and other cities and transportation infrastructure.

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