Meanwhile, Kia Motors, MISC Bhd and China Glass are also in the market, attempting to price their fixed-income deals at a time of unusual market movement.
HSBC and Bank of China are reportedly mandated on the CDB deal. The two-year issue is expected to have a 3% annual coupon, slightly more aggressive than the onshore trading level due to the rarity value of the paper and the retail distribution expected on this issue. The bonds,...
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