Overview:
- Tianjin Infrastructure—a Chinese engineering and construction services company—has made its debut international issuance of $500 million senior bonds.
- The bonds have been listed on the Hong Kong Stock Exchange (HKSE).
- In relation to asset value—of which the company has $102 billion—Tianjin Infrastructure is the largest Chinese government investment platform.
- It operates in areas related to Tianjin city’s infrastructure development, such as roads, bridges, public transport, and environmental and water projects.
- Freshfields Bruckhaus Deringer (Andrew Heathcote, Bing Guan) advised the investment platform on their debut issuance.
Adam Majeed - Asia Editor