Zhejiang Energy debuts $300m bond

Zhejiang’s largest power generator raises the first bond from a Chinese provincial government, riding on China’s better-than-expected manufacturing data.
Zhejiang Provincial Energy Group is the largest power generator in Zhejiang province
Zhejiang Provincial Energy Group is the largest power generator in Zhejiang province

Zhejiang Provincial Energy sold a $300 million three-year bond on Tuesday, raising it hot on the heels of China’s better-than-expected manufacturing numbers.

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