Size over price: Qingdao LGFV nets $600m

Morgan Davis

February 26, 2021 08:00 AM

Qingdao_575px_adobe_23Feb21 — Top view from the hill of Signal Park of red roofs and cityscape of old town and new town seaside of Qingdao, China.Seaside tourist town that is popular with Chinese people. | bunditinay - stock.adobe.com

Huatong International Investment Holdings Co, a Chinese local government financing vehicle, raised $600m from its bond on Thursday, but had to sacrifice a tighter price for a larger transaction.

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Topics

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

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Morgan Davis

Deputy editor GlobalCapital Asia