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Sichuan Expressway plans $1.79B asset securitization to raise up to 12B yuan

Sichuan Expressway Group plans to raise up to 12 billion yuan (about $1.79 billion) by securitizing its expressway assets via a Quasi-REIT to meet working capital needs and pare debt, to be launched on the Shanghai Stock Exchange.

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12:33:45 AM UTC
SquawkNews
Sichuan Expressway Plans $1.79 Billion Asset Securitization

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