Yuexiu Transport Infrastructure secures approval for corporate bonds

Yuexiu Transport Infrastructure Limited (HKEX:1052) announced that it has obtained approval from the SSE for the registration of its public offering of corporate bonds to professional investors in the PRC and has completed registration of the Corporate Bonds with the CSRC. The aggregate principal amount of the Corporate Bonds will be up to RMB5.0 billion. The company may issue the Corporate Bonds in multiple tranches, depending on market conditions and capital requirements. The coupon rate will be determined through a book-building process.