Guangzhou LGFV scores $500m in popular trade

Morgan Davis

December 09, 2020 08:00 am

Guangzhou_metro_Adobe_11Sep — The train runs in the city of Guangzhou, China | onlyyouqj - stock.adobe.com

Chinese local government financing vehicle (LGFV) Guangzhou Development District Financial Holdings Group Co attracted strong support for its $500m bond, driven largely by the syndicate banks running the deal.

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Topics

China Corporate Bonds Asia Greater China Bank of China Northeast Asia Guotai Junan Securities Co Asia Pacific Emerging Markets High grade and crossover bonds

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Morgan Davis

Deputy editor GlobalCapital Asia