By Sarah Lizee
Olympia, Wash., Dec. 3 – Yuexiu Transport Infrastructure Ltd. issued RMB 1 billion of 3.58% three-year notes on Monday, according to an announcement.
The issue is phase one of the company’s planned RMB 2 billion of medium-term notes.
Proceeds will be used to repay outstanding debt and to replenish working capital.
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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Issue: | Notes
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Amount: | RMB 1 billion
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Maturity: | Three years
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Coupon: | 3.58%
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Settlement date: | Dec. 2
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