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.
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Amount: | RMB 972 million
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Issue: | Credit enhanced bonds
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Maturity: | Jan. 14, 2025
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Coupon: | 4.1%
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Issue date: | Jan. 14
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Listing date: | Jan. 18
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ISIN: | XS2429324986
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