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China Huadian brings USD500m PNC5 amidst China second wave concerns

16 Jun 2020
State-owned China Huadian Corporation (A2/A-/A) successfully priced a USD500m PNC5 issue on Monday (16 June) yielding 3.375%. The new deal priced considerably tighter than the borrower’s last bond issued in May 2019 - a USD500m PNC5 at 4.00%. The

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