Veolia allowed to repatriate Panda proceeds
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Asia

Veolia allowed to repatriate Panda proceeds

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Veolia Environnement became the first French issuer to tap China’s onshore debt market this month, pricing its debut Panda bond on September 1. The firm was also one of the first corporates to be allowed to repatriate funds out of China despite existing capital controls, according to its treasurer.

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