Wed 03/15/2023 00:43 AM
Powerlong Real Estate is expected to secure this week an RMB 4 billion ($581.7 million) medium-term notes issuance quota with the National Association of Financial Market Institutional Investors, or NAFMII, said a source with direct knowledge of the matter. The company is also in the process of negotiating a guarantee letter with China Bond Insurance Co. for a first tranche issue under the MTN program, said the same source and another source familiar with the matter.
NAFMII’s Debt Capital...
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