According to Zhitong Finance App, China Railway Construction (01186) announced that on November 23, 2021, China Railway Construction Co., Ltd. (hereinafter referred to as the “Company”) completed the issuance of China Railway Construction Co., Ltd.'s public offering of renewable corporate bonds (Phase II) (Type 2) (hereinafter referred to as “current bonds”) to professional investors in 2021. According to the “China Railway Construction Co., Ltd.'s 2021 Public Offering of Renewable Corporate Bonds to Professional Investors (Second Issue)”, the current bond uses a cycle of every 5 interest-bearing years (“repricing cycle”), and the issuer's renewal option is attached at the end of every 5 interest-bearing years (that is, each repricing cycle). The company decided not to exercise the right to renew and will soon pay the full amount of the current bond. The relevant matters are now announced as follows:
Bond name: China Railway Construction Co., Ltd. publicly issued renewable corporate bonds (second instalment) (type 2) to professional investors in 2021. Bond abbreviation and code: The bond is abbreviated as “21 Railway Construction Y4”, and the code is “185038.SH”. Total amount issued: RMB 1 billion. The interest payment date for the first cycle of the current bond is November 23 of each year from 2022 to 2026 (in the case of a statutory holiday or day off, it is postponed to the first trading day after that, and interest payments during the deferred period are not subject to additional interest). The coupon rate for the first cycle was 3.64%.