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Nanchang Rail Transit Group completes issuance of RMB3.6 bln bonds

BEIJING
2015-08-12 15:00

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Nanchang Rail Transit Group announced recently that it has successfully issued its first batch of enterprise bonds, raising 3.6 billion yuan of capital.

The coupon rate of the bonds was set at 5.07 percent, according to the company. Capital raised will be used to support subway construction in Nanchang.

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