CMP raises Rmb2.5bn from ‘Silk Road’ Panda
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Asia

CMP raises Rmb2.5bn from ‘Silk Road’ Panda

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China Merchants Port Holdings (CMP) successfully raised Rmb2.5bn ($363.4m) from a five year Panda bond on the interbank market on Thursday. The company is presenting the trade as a Silk Road bond, even though all of the proceeds will be used onshore.

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