Kunming Rail debuts strong with dual-tranche bonds

Addison Gong

December 06, 2019 03:00 AM

Train_Fotolia230px

Chinese local government financing vehicle (LGFV) Kunming Rail Transit Group Co made its inaugural appearance in the dollar market on Thursday, raising $500m after a large price tightening.

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Topics

China China International Capital Corp China Everbright Bank Co Corporate Bonds Asia Greater China Bank of China Northeast Asia Asia Pacific Emerging Markets High grade and crossover bonds

AG

Addison Gong

SSA editor GlobalCapital