China’s Yunnan Water Investment cancels plans to sell corporate bonds

By Marisa Wong

Morgantown, W.Va., Jan. 11 – Yunnan Water Investment Co., Ltd. has withdrawn its application to issue corporate bonds.

The company has decided not to proceed with the issuance due to changes in market conditions, according to a notice.

Tianfeng Securities Co., Ltd. was the lead underwriter for the proposed public offering.

Yunnan Water is an investment holding company based in Kunming, China. Its focus is on municipal water supply and wastewater treatment facilities.

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