Changde LGFV braves volatility with $300m anchored deal

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Changde LGFV braves volatility with $300m anchored deal

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Display of Stock market quotes in China. | xy - stock.adobe.com

Changde Economic Construction Investment Group Co, a local government financing vehicle in China’s Hunan province, priced its debut international bond on the back of strong anchor support, in a week where both issuers and investors treaded carefully.

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