Three LGFVs build on market re-opening

China construction_230px
By Max Bower
04 Jul 2016

Two entities of China’s Chonqing municipality — the Nan’an district financing vehicle and the Chonqing Grain Group — have mandated banks for potential deals while Huai’an’s local government financing vehicle is also seeking a new bond.

Chongqing Nan'an Urban Construction & Development Group (Co) has two days of roadshow starting on Tuesday in Hong Kong, to be followed by Singapore on Thursday and London next Monday.

A banker on the deal said that the issuer was flexible on a choice of three, five and ...

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