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China Railway Construction grosses 10.00 billion yuan from debt offering

China Railway Construction Corp. Ltd. raised gross proceeds of 10.00 billion yuan from an offering of unsecured notes due Sept. 16, 2025.

The company plans to use the proceeds for general corporate purposes or working capital.

China International Capital Corp. Ltd. was the lead underwriter.

As of Sept. 15, US$1 was equivalent to 6.37 yuan.