Fujian, Shangrao LGFVs snap up combined $500m
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Asia

Fujian, Shangrao LGFVs snap up combined $500m

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Local government financing vehicles (LGFVs) from Fujian and Jiangxi braved the offshore debt market this week, after share prices across Asia and the US recovered from a bout of volatility. The two companies raised $500m between them.

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