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China Railway Group sets roadshow for possible notes
By Christine Van Dusen
Atlanta, July 15 – China Railway Group Ltd. will set out on July 18 for a roadshow to market a possible offering of notes (expected ratings: A3//A-), according to a company filing.
Standard Chartered Bank and HSBC are the joint global coordinators and – with UBS, Bank of China, DBS Bank and China Everbright Securities – the joint lead managers and joint bookrunners for the Regulation S deal.
Proceeds will be used for working capital and general corporate purposes.
The construction group is based in Beijing.
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