China State Construction Finance (Cayman) III Ltd, founded in the Cayman Islands, serves as a financing platform for the China State Construction Engineering Corporation (CSCEC), a leading state-owned construction and engineering enterprise headquartered in Beijing. The company primarily focuses on issuing debt instruments to support construction projects and related investments, thereby enhancing CSCEC's capital structure and market presence.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CHSCOI 4.00% Perpetual USDChina State Construction Finance (Cayman) III Ltd | Cayman Islands | Perpetual | 4.000 | 25.15 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, China State Construction Finance (Cayman) III Ltd has been active in the bond market, issuing its first bonds in 2015. Noteworthy issuances include the $500 million senior notes in 2021, which were well-received amid strong investor demand, leading to a yield that remained competitive against industry averages. The company’s bonds typically feature fixed rates, and many are rated investment grade, reflecting the robust backing from its parent company, CSCEC, and the stability of its operations. Recent reports indicate the company is evaluating new bond offerings as it continues to expand its financing capabilities to support ongoing infrastructure projects.