Beijing Construction Engineering Group completes the issuance of 2 billion yuan in renewable corporate bonds for technological innovation

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****Viewpoint Network News: On March 10th, Beijing Construction Engineering Group Co., Ltd. completed the issuance of the 2026 Technology Innovation Renewable Corporate Bonds (Phase 1) targeted at professional investors.

According to the announcement, the actual issuance scale of this bond is 2 billion yuan, with a final coupon rate of 2.06%, and a subscription multiple of 1.63.

This issuance only includes one type of bond, with a basic term of 3 years, and is abbreviated as JianGong KY18. According to the announcement, the bond uses a re-pricing cycle of every 3 interest calculation years, and the issuer has the right to extend the cycle or redeem the full amount at maturity.

This issuance is the first phase after Beijing Construction Group received approval from the China Securities Regulatory Commission for a total registered quota of no more than 20 billion yuan in corporate bonds. According to the announcement, related parties of the issuer did not participate in the subscription, and multiple lead underwriters including CITIC Construction Investment Securities and CITIC Securities participated in the allocation.

Disclaimer: The content and data of this article are organized by Viewpoint based on public information and do not constitute investment advice. Please verify before use.

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