The Asian Infrastructure Investment Bank is investing 50 million US dollars to support the sustainable development of higher education in China.
On June 27, according to the Asian Infrastructure Investment Bank, the Asian Infrastructure Investment Bank (AIIB) recently subscribed to $50 million of the $200 million bonds issued by China Education Group Holdings Limited (CEGH). It is reported that this issuance is the first time that a Chinese private higher education enterprise has issued senior unsecured US dollar bonds independently. The subscription multiple reached 4.35 times.
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