Conson capitalises on buy-side familiarity with Qingdao

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Conson capitalises on buy-side familiarity with Qingdao

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A.Singkham/singkham - Fotolia

Qingdao Conson Development (Group) Co priced its $400m international debut on Tuesday, paying what bankers considered a reasonable new issue premium against a volatile market backdrop, as the issuer took advantage of investors’ familiarity with Qingdao city.

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