19 July 2019

CNR unit to issue asset securitization products, filing says

China CNR Corp. Ltd. (601299.CN), through its subsidiaries, plans to issue asset securitization products and sell part of the creditor’s rights in its build-and-transfer tram project in Liaoning’s capital city Shenyang, the company said in a filing to the stock exchange late Tuesday. The creditor’s rights will be priced at about 4.82 billion yuan (US$793.95 million).

– Contact HKEJ at [email protected]




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