Xi'an LGFV returns to dollar market

By Morgan Davis
27 Feb 2020

Chinese local government financing vehicle Xi'an Qujiang Culture Holdings Co raised $300m from a three year bond sale on Wednesday.

The unrated issuer had debuted in the dollar market in September with a $200m 6% 2022 note.

For its return, sole global co-ordinator CMB International opened orders for the three year notes at the 5.8% area. CEB International, CICC, CLSA, CNCB Capital, Orient Securities Hong ...

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