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China’s Xingcheng launches $1.5 billion medium-term note program
By William Gullotti
Buffalo, N.Y., Sept. 14 – Xingcheng (BVI) Ltd. is listing a $1.5 billion medium-term note program, according to notice released Tuesday.
Notes issued under the program will be guaranteed by its parent company, Chengdu Xingcheng Investment Group Co., Ltd.
China International Capital Corp. is the arranger and dealer for the program, which is expected to become effective Sept. 15.
The company is an infrastructure development financing company for the city of Chengdu in Sichuan province, China.
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