Tight pricing for China Minsheng $500m comeback
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Asia

Tight pricing for China Minsheng $500m comeback

china minsheng px230

China Minsheng Banking Corp’s Hong Kong branch sealed a $500m three year fixed rate bond on Thursday — the only FIG issuer in Asia DCM on the day. Market participants reckon the spread was too tight when compared to the secondary levels of China’s big four banks.

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