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Published on 4/18/2024 in the Prospect News Emerging Markets Daily.

New Issue: China’s Yuexiu Transport issues RMB 1 billion 2.84% 10-year notes

By William Gullotti

Buffalo, N.Y., April 18 – Yuexiu Transport Infrastructure Ltd. issued RMB 1 billion of 2.84% 10-year medium-term notes (Chengxin: AAA) on Tuesday, according to a notice on Thursday.

Proceeds will be used to repay existing bonds.

Based in Hong Kong, Yuexiu Transport Infrastructure operates and manages toll highways, expressways and bridges in China.

Issuer:Yuexiu Transport Infrastructure Ltd.
Amount:RMB 1 billion
Issue:Medium-term notes, 2024 first tranche
Tenor:10 years
Coupon:2.84%
Settlement date:April 16
Rating:Chengxin: AAA

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