China Railway Construction (01186.HK): "21 CRCC Y4" will not exercise the renewal option

Zhitong Finance APP News, China Railway Construction (01186.HK) announced that China Railway Construction Corporation Limited (hereinafter referred to as the "Company") completed the issuance of China Railway Construction Corporation Limited's 2021 publicly issued renewable corporate bonds (second tranche) (Type II) (hereinafter referred to as the "Current Bonds") to professional investors on November 23, 2021. According to the "Prospectus for China Railway Construction Corporation Limited's 2021 Publicly Issued Renewable Corporate Bonds (Second Tranche) to Professional Investors," the Current Bonds have a cycle of every 5 interest-bearing years (the "Repricing Cycle"), with the issuer's renewal option attached at the end of each 5 interest-bearing years (i.e., each Repricing Cycle). The Company has decided not to exercise the renewal option, and will fully redeem the Current Bonds. The relevant matters are hereby announced as follows: