A Chinese municipal borrower said it has enough funds to repay 1.08 billion yuan ($160 million) in offshore notes due next week, after people familiar with the matter said a plan to refinance that debt with a new bond sale had been delayed.
A Chinese municipal borrower said it has enough funds to repay 1.08 billion yuan ($160 million) in offshore notes due next week, after people familiar with the matter said a plan to refinance that debt with a new bond sale had been delayed.
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Bloomberg — Markets (EN)