Published on 3/5/2024 in the Prospect News Emerging Markets Daily.
New Issue: Chongqing Fuling Industrial sells RMB 1.26 billion 4.2% bonds due 2027
By William Gullotti
Buffalo, N.Y., March 5 – Chongqing Fuling Industrial Development Group Co., Ltd. sold RMB 1.26 billion of 4.2% bonds due 2027, according to a notice on Tuesday.
Listing for the bonds is expected on the Singapore Exchange effective March 6.
Located in the Fuling District of China’s Chongqing City, the issuer is a state-owned entity involved in infrastructure construction, land development, investment and financing.
| Issuer: | Chongqing Fuling Industrial Development Group Co., Ltd.
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| Amount: | RMB 1.26 billion
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| Issue: | Bonds
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| Maturity: | March 5, 2027
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| Coupon: | 4.2%
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| Issue date: | March 5
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| Listing date: | March 6
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| ISIN: | HK0000984838
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