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Published on 1/18/2022 in the Prospect News Emerging Markets Daily.

New Issue: Wenzhou Lucheng District issues RMB 972 million 4.1% bonds due 2025

By William Gullotti

Buffalo, N.Y., Jan. 18 – China’s Wenzhou Lucheng District State-owned Holding Group Co., Ltd. sold RMB 972 million of 4.1% credit enhanced bonds due 2025, according to a listing notice.

The notes are expected to be listed on the Singapore Exchange on Jan. 18.

The issuer is a Chinese construction company.

Issuer:Wenzhou Lucheng District State-owned Holding Group Co., Ltd.
Amount:RMB 972 million
Issue:Credit enhanced bonds
Maturity:Jan. 14, 2025
Coupon:4.1%
Issue date:Jan. 14
Listing date:Jan. 18
ISIN:XS2429324986

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