China Business News: Sichuan Expressway to issue RMB 2 bln in short-term bills

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Sichuan Expressway to issue RMB 2 bln in short-term bills

Nov. 20, 2009 (China Knowledge) - Sichuan Expressway Co Ltd<601107><0107>, a leading road operator in China, today announced that it will float RMB 2 billion in 365-day short-term bills on the interbank market on Nov. 27. The company said in a statement that this batch of bills will be issued at face value and that the coupon rate will be determined during the process of book buildin

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