China Railway Construction (DE:4FF) has released an update.
China Railway Construction Corporation Limited, through its subsidiary CRCC Huayuan Limited, has announced the issuance of CNY3.5 billion in 2.60% guaranteed notes due 2027, aimed at debt repayment and boosting working capital for international projects. The company plans to list the notes on the Hong Kong Stock Exchange, cautioning that the offering is subject to certain closing conditions and is not available to U.S. persons or within the United States. Investors are advised to be prudent when dealing with the company’s securities amidst these developments.
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