China’s Sichuan Expressway plans to issue debt financing instruments

By Marisa Wong

Morgantown, W.Va., Oct. 29 – Sichuan Expressway Co. Ltd. said it is proposing to issue debt financing instruments in China. The company’s board of directors approved the issuance on Thursday.

Proceeds will be used for corporate business activities.

The proposed issuance is still subject to shareholders’ approval.

The highway construction and management company is based in Chengdu, China.

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