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Published on 3/8/2023 in the Prospect News Emerging Markets Daily.

New Issue: China’s Chongqing Fuling Industrial sells RMB 1.6 billion 4.9% bonds due 2026

By Mary-Katherine Stinson

Lexington, Ky., March 8 – Chongqing Fuling Industrial Development Group Co., Ltd. sold RMB 1.6 billion 4.9% bonds due 2026, according to a listing notice.

Listing for the bonds is expected on the Singapore Exchange effective March 9.

Located in the Fuling District of China’s Chongqing City, the issuer is a key state-owned entity involved in infrastructure construction, land development, investment and financing.

Issuer:Chongqing Fuling Industrial Development Group Co., Ltd.
Issue:Bonds
Amount:RMB 1.6 billion
Maturity:March 8, 2026
Coupon:4.9%
Issue date:March 8
Listing date:March 9
ISIN:SGXT62207319

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