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01186 CHINA RAIL CONS
RTNominal up4.310 +0.010 (+0.233%)
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07/11/2017 10:14

CRCC plans to issue up to Rmb10bn A share convertible bonds

[ET Net News Agency, 7 November 2017] China Railway Construction Corporation (CRCC)
(01186) said it proposes to issue convertible corporate bonds in the total amount of not
more than Rmb10 billion which are convertible into new A shares.
The term of A share convertible bonds will be six years from the date of the issuance.
The total amount of proceeds proposed to raise from the proposed issuance of A share
convertible bonds will not exceed Rmb10 billion, which will be used for construction
Project of Phase I and II of Metro Line 6 of Chengdu, Deyang-Dujiangyan Section of G0511
Expressway Project and Deyang-Jianyang Section of the Chengdu Economic Zone Ring
Expressway Project. (HL)

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