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Published on 10/31/2016 in the Prospect News Emerging Markets Daily.

New Issue: China’s Guangxi Communications prices $300 million fixed-rated notes at 99.806

By Christine Van Dusen

Atlanta, Oct. 31 – Guangxi Communications Investment Group Corp. Ltd. sold $300 million fixed-rate notes (Baa3//BBB) at 99.806, according to a notice that appeared on Monday.

Societe Generale SA was the stabilization manager.

Other details were not immediately available on Monday.

The issuer is a Nanning, China, investment company that invests in transportation infrastructure, energy, finance and resource development.

Issuer:Guangxi Communications Investment Group Corp. Ltd.
Amount:$300 million
Description:Fixed-rate notes
Bookrunner:Societe Generale SA
Price:99.806
Trade date:Oct. 31
Ratings:Moody’s: Baa3
Fitch: BBB

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