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Sichuan Road & Bridge Co Ltd to Issue FY 2013 Corporate Bonds


Tuesday, 23 Jul 2013 08:00pm EDT 

Sichuan Road & Bridge Co Ltd announced that it will issue up to RMB 1.5 billion worth of corporate bonds for fiscal year 2013. The bonds will be each with par value of RMB 100, a term of five years, matured on July 26, 2018, and a coupon rate ranging from 5.2% to 5.6%. The interest will be paid on July 26 from 2014 to 2018. CITIC Securities will serve as the main underwriter. A Sichuan-based railway industry investment group will provide guarantee for the bonds. 

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