News Column

China Railway Construction Proposes Issuing Perpetual Bonds

July 21, 2014

HONG KONG, July 21, SinoCast -- China Railway Construction Corp. Ltd. (SEHK: 1186) proposes issuing guaranteed senior US dollar perpetual bonds. Issuing size and terms & conditions have not been finalized. Net proceeds will be mainly used for general use.

Citibank and HSBC will be co-global coordinators. Citibank, HCBS, DBS, BNP Paribas and UBS will be co-lead managers and co bookrunners.

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Source: Sinocast Transportation Beat (China)

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