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| Zhaojin Mining Industry Company Limited |
| CSFS acted as the co-lead underwriter of the RMB 1.5 billion 7-year (5+2) corporate bond offering of Zhaojin Mining Industry Company Limited. The 5-year and 2-year tranches received a rating of AA and AA+, respectively. The bonds were priced at a coupon of 5.0%, achieving relatively tight pricing compared to similar issues during the same time period. |
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