Yuexiu Transport Infrastructure Limited has announced that its wholly-owned subsidiary, Yuexiu (China) Transport Infrastructure Investment Company Limited, has received approval from the Shanghai Stock Exchange to register a public offering of corporate bonds. The bonds, with an aggregate principal amount of up to RMB3.0 billion, are set to be issued to professional investors in the PRC. The first tranche of these corporate bonds has been assigned a credit rating of "AAA" by China Chengxin International Credit Rating Co., Ltd. The bonds are proposed to be listed on the Shanghai Stock Exchange, and further announcements regarding the issuance will be made by the company as appropriate.
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