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China’s Shenzhen Expressway plans up to RMB 10 billion of debentures
By Marisa Wong
Morgantown, W.Va., April 6 – Shenzhen Expressway Co. Ltd. is proposing to issue up to RMB 10 billion of debentures.
Proceeds will be used to replenish working capital and to repay debt.
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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