China Railway Construction Corporation (01186) completes the issuance of 3 billion yuan of technology innovation renewable corporate bonds.

China Railway Construction Corporation (01186) has announced that, according to the "Announcement on the Public Offering of Technology Innovation Renewable Corporate Bonds (2nd Series) for Professional Investors by China Railway Construction Corporation Limited in 2026", the issuance size of the Technology Innovation Renewable Corporate Bonds (2nd Series) for Professional Investors in 2026 by China Railway Construction Corporation Limited shall not exceed RMB 3 billion (including 3 billion). This series of bonds is divided into two types. Type one has a term of 5 years, at the end of each period, the issuer has the right to choose to extend the term of type one by 1 period (i.e. 5 years), or choose to redeem the bonds in full at the end of that period; type two has a term of 10 years, at the end of each period, the issuer has the right to choose to extend the term of type two by 1 period (i.e. 10 years), or choose to redeem the bonds in full at the end of that period. The issuance of this series of bonds was concluded on June 22, 2026. The final issuance size for type one bonds is 15 billion RMB, with a final coupon rate of 1.94% for the first period, and a subscription multiple of 2.6667 times; the final issuance size for type two bonds is 15 billion RMB, with a final coupon rate of 2.45% for the first period, and a subscription multiple of 1.7933 times.