tiprankstipranks
Chengdu Expressway Eyes RMB2 Billion Bond Issue
Company Announcements

Chengdu Expressway Eyes RMB2 Billion Bond Issue

Chengdu Expressway Co., Ltd. Class H (HK:1785) has released an update.

Don't Miss Our Christmas Offers:

Chengdu Expressway Co., Ltd. has announced plans to issue corporate bonds worth up to RMB2 billion to meet its financing needs and diversify its financial strategies. The bonds, with a term of up to 10 years and an expected coupon rate of 2.5% to 3.5%, are subject to regulatory approval and market conditions. Investors are cautioned to consider the potential risks involved as the issuance is not guaranteed.

For further insights into HK:1785 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App