PowerChina rides on perp fervour for $300m

Morgan Davis

October 23, 2019 08:30 am

Pulled Plug — pull the plug concept with man pulling black cord and plug. Close up | Andrey_Sarymsakov_SARYMSAKOVSTUD/sarymsakov.com - stock.adobe.com

Power Construction Corp of China (PowerChina) took advantage of the growing popularity of perpetual bonds to raise $300m on Tuesday.

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Topics

China Corporate Bonds Asia Greater China Standard Chartered Northeast Asia Asia Pacific Emerging Markets High grade and crossover bonds

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Morgan Davis

Deputy editor GlobalCapital Asia