Bonds news in brief: Huarong Leasing, Jiangsu LGFVs price deals

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By Addison Gong
22 Oct 2019

China Huarong Financial Leasing Co and two local government financing vehicles (LGFVs) based in the coastal province of Jiangsu came to the offshore bond market to raise $300m each.

China Huarong Financial Leasing Co priced an unrated $300m 363-day bond at 3.475% on Monday. The pricing was at the tight end of the final guidance of 3.5%, plus or minus 2.5bp.

The senior unsecured deal was announced at the 3.8% area by global co-ordinators BNP Paribas, ...

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