CRCC issues Asia's first convertible of 2016

State-owned construction and engineering company is the first China-registered company to issue an H-share convertible bond since new guidelines were unveiled last September.
January 20, 2016

State-owned China Railway Construction Corp (CRCC) has executed the first H-share convertible since a new debt issue filing system came into force last September, raising $500 million from a deal that priced overnight on Monday.

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