SCB, China Minsheng eye dollar transactions
Thailand’s Siam Commercial Bank is courting investors for a dollar bond, to be sold through its Cayman Islands branch, while China Minsheng Banking Corp is also marketing a transaction through its Hong Kong arm.
Barclays, HSBC and Mizuho Securities are leading SCB’s Reg S transaction, which was launched on Thursday morning Hong Kong time. The 5.5 year senior notes are being offered at 115bp over US Treasuries area.
CreditSights said in a Thursday note that it sees fair value for the
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