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