China Railway Construction Corporation (01186): Will not exercise the "19 Tiejian Y2" renewal option.

China Railway Construction Corporation (01186) announced that in 2019, the company will publicly issue a renewable corporate bond (first series)(variety 2) to qualified investors, abbreviated as "19 CRCC Y2", with a total issue amount of 500 million Chinese yuan. According to the terms of the bond prospectus, at the end of the first repricing period of this bond, the company has decided not to exercise the option for renewal, and will fully redeem the bond on October 29, 2024.