By Mary-Katherine Stinson
Lexington, Ky., Feb. 1 – China’s Chongqing Fengdu Industrial Development Group Co., Ltd. sold RMB 420 million of 4.8% credit-enhanced bonds due Dec. 1, 2026, according to a notice.
Listing for the bonds is expected on the Hong Kong Exchange effective Feb. 2.
Based in Chongqing, China, the issuer is a state-owned enterprise responsible for infrastructure construction, land consolidation, resettlement housing construction and shantytown renovation projects.
Issuer: | Chongqing Fengdu Industrial Development Group Co., Ltd.
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Amount: | RMB 420 million
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Issue: | Bonds
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Maturity: | Dec. 1, 2026
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Coupon: | 4.8%
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Issue date: | Feb. 1
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Listing date: | Feb. 2
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ISIN: | HK0000987740
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