On September 20th, Henan Provincial Road and Bridge Construction Group announced that, affected by recent market fluctuations, the company plans to cancel the issuance of the third tranche of short-term financing bonds in 2024. It is reported that the size of this tranche of ultra-short-term financing is 0.4 billion yuan, with a term of 270 days. The lead underwriter/bookkeeper is Shenwan Hongyuan Securities, and the joint lead underwriter is Bank of Zhengzhou. The original bond issuance date was September 19, 2024, and the raised funds are intended to be used to repay interest-bearing debts. According to the comprehensive evaluation of United Credit Rating Co., Ltd., Henan Provincial Road and Bridge Construction Group has a credit rating of AA with a stable outlook.
河南省路桥建设集团取消发行4亿元超短融
Henan Provincial Road and Bridge Construction Group cancels the issuance of 0.4 billion yuan ultra-short-term financing
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