Chongqing LGFV prices bond after bank merry-go-round

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Chongqing LGFV prices bond after bank merry-go-round

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/Klint Arnold - stock.adobe.com

Chinese local government financing vehicle Chongqing Nan’an Urban Construction and Development Group closed a $500m five year bond sale on Tuesday, but only after shifting some of the banks running the deal.

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