Jinmao completes Rmb2.5bn Panda return

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Jinmao completes Rmb2.5bn Panda return

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Panda bear eating bamboo | leungchopan - Fotolia

Property company Jinmao has sealed its second Panda bond of the year, raising Rmb2.5bn ($367.7m) from a three year note on Monday. The deal priced towards the tight end of the coupon range, a source told GlobalRMB.

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