China's Power Construction taps banks for renminbi notes, roadshow

By Christine Van Dusen

Atlanta, May 5 - Power Construction Corp. of China has mandated Standard Chartered Bank, Bank of Communications (Hong Kong branch) and HSBC as the bookrunners for a renminbi-denominated offering of notes that will be marketed during a roadshow, a market source said.

The marketing trip for the Regulation S deal begins on Tuesday.

The issuer is a Beijing-based contracting, investment and real estate development company.

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