Updated: Huawei opts for euros over dollars but stays shorter

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Updated: Huawei opts for euros over dollars but stays shorter

huawei logo px230
A logo sign outside of a facility occupied by Huawei in Santa Clara, California on January 23, 2016. Photo by Kristoffer Tripplaar | Kris Tripplaar/SIPA USA/PA Images

Chinese technology equipment company Hauwai dropped a planned dollar tranche on its latest visit to the corporate bond marker and chose to issue its first bond in euros. This did, however, mean the company opted for a five year maturity, rather than the 10 year tenor it had marketed for the dollar bond.

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