CSC, Wuhan Dangdai grab deals on choppy day
China South City Holdings and Wuhan Dangdai Science & Technology Industries (Group) Co grabbed a total of $600m from bonds on Monday, navigating a weak market backdrop to close their deals.
Initial price guidance for CSC’s five year bullet was announced at the 7.875% area on Monday morning by joint global co-ordinators Credit Suisse, HSBC, Guotai Junan International and UBS.
“They are a well-known credit and a repeat issuer, and have a curve out there,” said
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