Chinese LGFVs grab combined $500m

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Chinese LGFVs grab combined $500m

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3d illustration of four money stacks over white background | Maxim_Kazmin - Fotolia

Chinese local government financing vehicles Huzhou City Investment Development Group Co and Urumqi Gaoxin Investment and Development Group Co brought home a combined $500m on Wednesday as issuers seal last-minute deals before the end of the year.

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