PBEC Corporate Member Guotai Junan ends 2 year dollar bond absence and raises USD400M

Guotai Junan International Holdings broke a two-year absence from the dollar bond market this week to raise $400m. The Chinese securities brokerage last sold a dollar deal in March 2019. The $500m 3.875% trade is set to mature next year. This week’s Reg S trade was led by 16 banks. ABC International, CCB International, China Minsheng Bank Hong Kong branch, Guotai Junan International, HSBC…

Read more: https://www.globalcapital.com/article/b1qq79mbyfhqt8/guotai-junan-ends-two-year-bond-hiatus

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