China returns to dollar bonds with $6bn mega-deal

Morgan Davis

November 27, 2019 06:45 am

China_flag_Great Wall_PA 27Nov2019 — October 19, 2006 - Badaling, Yanqing District, China - The red flag of the Peoples Republic of China flies over the Great Wall of China near Badaling. One of the most impressive architectural feats in history, the Great Wall is a UNESCO World Heritage Site, and a favorite tourist destination. (Credit Image: © Arnold Drapkin/ZUMA Wire) | Arnold Drapkin/Zuma Press/PA Images

China deepened its dollar debt curve on Tuesday with a $6bn jumbo bond. With its biggest dollar deal yet, the sovereign has set a new benchmark for issuers from the country.

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Topics

Deutsche Bank JP Morgan China China International Capital Corp China Construction Bank CTBC Asia Greater China Bank of Communications Bank of China Northeast Asia Asia Pacific SSA Bank of America Standard Chartered Mizuho Sovereigns Crédit Agricole Emerging Markets HSBC Goldman Sachs

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Morgan Davis

Deputy editor GlobalCapital Asia