LatAm dim sum feast continues with Cabei issue
Development bank Cabei became the first borrower from Latin America to rely entirely on Asian investors for an offshore renminbi bond on Monday, when it raised Rmb500m ($79.7m) and opened up what funding officials say could become a regular source of funding in the future.
Cabei, which has counted Taiwan as a shareholder since 1992 and is also in the process of incorporating South Korea as a member, priced its deal at the tight end of 3.20%-3.25% guidance after attracting a book of Rmb1.1bn.
Standard Chartered, which managed the deal for the A2/A/A
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