China’s Jiuding to launch mezzanine fund
China’s Kunwu Jiuding Capital plans to raise a renminbi-denominated mezzanine fund to provide local companies with debt solutions where pure equity is not appropriate.
The fund is currently finalizing terms and further details will be diclosed within a week, a Jiuding spokesperson told AVCJ. Local media reported that the GP is targeting RMB10 billion ($1.63 billion),...
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