Changde LGFV debuts with $250m bond

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Changde LGFV debuts with $250m bond

Hunan China_230px
Sunrise on the Tuojiang River, Fenghuang, Hunan Province, China | Paul Rushton/Stripped Pixel - Fotolia

Changde Urban Construction and Investment Group Co priced its inaugural international bond on Thursday, getting its deal done before the New Year. The local government financing vehicle (LGFV) snapped up $250m from the three year notes.

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