LGFVs Shaoxing Shangyu, Hangzhou Linjiang debut

By Addison Gong
28 Nov 2019

Two local government financing vehicles (LGFVs) from the Zhejiang province, Shaoxing Shangyu State-owned Capital Investment and Operation Co and Hangzhou Linjiang Investment Development Co, priced their inaugural dollar bonds this week.

Global co-ordinators Bank of China, CNCB HK Capital and Guotai Junan International announced initial price guidance at the 4.6% area for Shaoxing Shangyu’s three year bond on Wednesday morning Asia time.

BoCom International, China Minsheng Banking Corp Hong Kong branch, CMB International, Industrial Bank Hong Kong branch ...

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