Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for any securities of the Company and its subsidiaries in Hong Kong or elsewhere.
(Incorporated in Bermuda with limited liability)
(Stock code: 01052)
VOLUNTARY ANNOUNCEMENT
COMPLETION OF THE PUBLIC ISSUE OF
PHASE I MEDIUM TERM NOTES IN THE PRC
This is a voluntary announcement made by Yuexiu Transport Infrastructure Limited (the "Company").
References are made to the announcements of the Company dated 2 November 2017 and 9 August 2018 in relation to, among other things, the application which had been made by the Company to the National Association of Financial Market Institutional Investors for registration of interest- bearing medium term notes in an aggregate principal amount of up to RMB2,000,000,000 (the "Medium Term Notes") and the grant of relevant approval.
The Board is pleased to announce that the public issue of the 2019 Phase I Medium Term Notes had been completed on 2 December 2019. The final total principal amount of the 2019 Phase I Medium Term Notes actually issued is RMB1,000,000,000 with a term of three years and a coupon rate of 3.58%.
The Company considers that the issuance of the 2019 Phase I Medium Term Notes is conducted in its ordinary and usual course of business, and this announcement is made to keep investors informed of the business development of the Company. The proceeds raised will be used to repay the outstanding liabilities of the Company and its subsidiaries in the PRC and replenish the working capital of the Company and its subsidiaries.
By Order of the Board
Yuexiu Transport Infrastructure Limited
Yu Tat Fung
Company Secretary
Hong Kong, 3 December 2019
As at the date of this announcement, the Board comprises:
Executive Directors: | LI Feng (Chairman), HE Baiqing and CHEN Jing |
Independent Non-executive Directors: | FUNG Ka Pun, LAU Hon Chuen Ambrose and CHEUNG Doi Shu |