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Chinese LGFV Says It Can Repay $160 Million Offshore Notes Due Next Week Despite Refinancing Bond Sale Delay
A Chinese municipal borrower stated it has sufficient funds to repay 1.08 billion yuan ($160 million) in offshore notes maturing next week, even after a planned refinancing bond sale was delayed, acco
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Chinese LGFV Says It Can Repay $160 Million Offshore Notes Due Next Week Despite Refinancing Bond Sale Delay
A Chinese municipal borrower stated it has sufficient funds to repay 1.08 billion yuan ($160 million) in offshore notes maturing next week, even after a planned refinancing bond sale was delayed, acco
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Local Government Financing Vehicles
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