Chinese duo raise $780m in euro debt

Chinese state-owned firms Beijing Enterprises and Yuexiu Transport successfully raised €700 million by selling euro-denominated bonds to yield-starved eurozone investors.
Beijing Enterprises is in the solid waste treatment business
Beijing Enterprises is in the solid waste treatment business

State-owned Beijing Enterprises Holdings and Yuexiu Transport collectively sold €700 million ($780 million) in euro-denominated bonds late on Wednesday, meeting with strong investor demand as eurozone interest rates continued to hover around historic lows.

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