CNMM digs out $500m with SBLC-backed dollar debut

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CNMM digs out $500m with SBLC-backed dollar debut

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Shovel moving coal | Jelle van der Wolf/jelwolf - Fotolia

China Nonferrous Metal Mining’s inaugural dollar bond resonated well with investors as the combination of a strong government link, a standby letter of credit and juicy yields proved a winning recipe.

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