China Railway Construction (01186.HK) Completes Issuance of 3 Billion Yuan Technology Innovation Perpetual Corporate Bonds

NightAirdropper · 2026-03-24T03:49:51+00:00

China State Construction Engineering Corporation announced that it will publicly issue technology innovation renewable corporate bonds in 2026, with a total scale not exceeding 3 billion yuan, divided into two categories of 2 billion yuan and 1 billion yuan respectively, with coupon rates of 2.27% and 2.65% respectively. The bond issuance work was completed on March 20.

NightAirdropper

2026-03-24 03:49:51

Abstract generation in progress

Gelonghui, March 20 — China Railway Construction Corporation Limited (01186.HK) announced that, according to the “Announcement of the Public Offering of Technology Innovation Perpetual Corporate Bonds (Phase I) by China Railway Construction Corporation Limited in 2026 for Professional Investors,” the issuance scale of the 2026 public offering of technology innovation perpetual corporate bonds (Phase I) (hereinafter referred to as “this bond”) will not exceed RMB 3 billion (including 3 billion). The bonds are divided into two varieties:

Variety One, with a 5-year interest period, at the end of each period, the issuer has the right to extend the bond’s maturity by one period (i.e., 5 years) or choose to fully redeem the bonds at the end of the period.
Variety Two, with a 10-year interest period, at the end of each period, the issuer has the right to extend the bond’s maturity by one period (i.e., 10 years) or choose to fully redeem the bonds at the end of the period.

The issuance of this bond was completed on March 20, 2026. The final actual issuance scale for Variety One was RMB 2 billion, with an initial period coupon rate of 2.27%, and a subscription multiple of 3.16 times. The final actual issuance scale for Variety Two was RMB 1 billion, with an initial period coupon rate of 2.65%, and a subscription multiple of 1.68 times.

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