Tianjin Infrastructure $500 million bond issue

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