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Beijing Enterprises and Zijin price bonds despite choppy markets
Beijing Enterprises Water closes a Rmb1.45 billion dim sum bond, while Zijin International prices a $280 million bond.
June 27, 2011
While the G3 bond market has been shut for almost two weeks, issuance in the dim sum bond market has continued to flourish. A handful of issuers such as Beijing Enterprises Water and China Merchant Holdings are meeting investors this week, and New Zealand dairy giant Fonterra closed a small Rmb300 million ($46 million) dim sum bond last week.
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