China's Chengtong squeezes tight pricing from debut
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Asia

China's Chengtong squeezes tight pricing from debut

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China Chengtong Holdings Group debuted in the debt market on Tuesday, sealing a tight $500m deal as the state-owned operating company transitions to a new entity. But its foray wasn’t without questions, as bankers and investors debated the unrated credit’s status as a corporate or a financial.

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