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Published on 5/7/2020 in the Prospect News Emerging Markets Daily.

China’s Shenzhen Expressway plans up to RMB 12 billion of debentures

By Marisa Wong

Los Angeles, May 7 – Shenzhen Expressway Co. Ltd. is proposing to issue up to RMB 12 billion of debentures.

Proceeds will be used to replenish working capital, to repay debt or for new projects.

The proposed issuance is subject to shareholders’ approval at an upcoming general meeting.

Shenzhen Expressway is a Hong Kong-based construction company.


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