News Column

Beijing Infrastructure Investment Radical in Offering Bonds

June 20, 2014

BEIJING, June 20, SinoCast -- Reporters learnt that Beijing Infrastructure Investment Co., Ltd. is planning to offer USD 2 billion medium term notes abroad. The company is responsible for investment, financing, planning, capital operation and development management of urban rail traffic projects in Beijing, being the first Chinese local government financing platform to offer NTM abroad. Royal Bank of Scotland will act as lead investment bank.

Actually, in March 2014, Beijing Infrastructure Investment already offered USD 300 million five-year bonds abroad, whose subscription surpassed USD 1.5 billion.

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Source: Sinocast Investing & Securities Beat (China)

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