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China Railway Construction sets talk in 4% area for perpetual notes
By Christine Van Dusen
Atlanta, July 24 – China Railway Construction Corp. Ltd. set final guidance in the 4% area for its dollar-denominated offering of benchmark-sized perpetual notes (expected rating: A3), a market source said.
Citigroup, HSBC, BNP Paribas, DBS Bank and UBS are the bookrunners for the Regulation S deal.
The construction group is based in Beijing.
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