Zhengzhou Yutong drives for debut RMB

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Zhengzhou Yutong drives for debut RMB

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The RAC rescue service attends a breakdown on the M5 Motorway near Bridgend, Wales. | Ben Birchall/PA Archive/Press Association Images

Zhengzhou Yutong Group has opened books for a three year dim sum bond, having opted to add the credit enhancement of a standby letter of credit for its first transaction in the offshore renminbi (CNH) debt market.

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