Hongqiao eyes second attempt amid hot bond market
Aluminium company China Hongqiao Group is planning to issue a five year bond, making its second attempt at an international bond after scrapping a deal last July. But bankers think that this time, the deal stands a much better chance.
Funding officials from the company will meet investors this week to drum up demand for its debut deal in the Reg-S bond market. Barclays, Credit Suisse, ING and JPMorgan are arranging the meetings for the BB-/BB rated mainland firm.
The company tried to issue dollar and dim sum bonds in
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