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Shenzhen Expressway plans RMB 1 billion offering of retail bonds
Chicago, July 22 – Shenzhen Expressway Co. Ltd. will be selling RMB 1 billion of corporate bonds to the public from July 26 to July 27, according to a notice.
The issue will constitute phase 1 of the corporate bond program.
The company has approval to issue up to RMB 5 billion of the bonds, with additional tranches coming 24 months from the date of approval from the China Securities and Regulatory Committee.
Based in China, the company is engaged in the investment, construction and operations management of toll roads.
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