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Published on 4/25/2024 in the Prospect News Emerging Markets Daily.

New Issue: China State Construction issues RMB 900 million 2.54% five-year bonds

By William Gullotti

Buffalo, N.Y., April 25 – China State Construction International Holdings Ltd., via subsidiary China State Construction International Investments Ltd., issued RMB 900 million of 2.54% five-year bonds (Chengxin: AAA) on Wednesday, according to an announcement on Thursday.

The corporate bonds will be listed on the Shenzhen Stock Exchange.

The issuer is a Hong Kong-based construction contractor.

Issuer:China State Construction International Holdings Ltd.
Amount:RMB 900 million
Issue:Corporate bonds
Tenor:Five years
Coupon:2.54%
Settlement date:April 24
Announcement date:April 25
Rating:Chengxin: AAA

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