Shenzhen Expressway eyes RMB 2.2 billion A share convertible bonds

By Marisa Wong

Morgantown, W.Va., Nov. 9 – Shenzhen International Holdings Ltd. said subsidiary Shenzhen Expressway Co. Ltd. is proposing to issue up to RMB 2.2 billion of A share convertible bonds.

The bonds would be issued at par with a term of six years.

The proposed issuance is subject to shareholder and regulatory approval.

Shenzhen International is a Hong Kong-based provider of logistics and transportation support services. Its subsidiary is a construction company based in Shenzhen, China.

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