Shenzhen Expressway (SHA:600548, HKG:0548) on Monday plans to issue 1 billion yuan in three-year notes to repay maturing debt.
Settlement is scheduled for July 21, with listing on July 22, according to a weekend filing with the Shanghai bourse.
China Merchants Bank serves as lead underwriter, with Agricultural Bank as joint lead underwriter.
Shares of the expressway operator closed 3% higher on the Shanghai bourse and 2% in Hong Kong.
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