BoCom Leasing takes $600m as FRNs still hold appeal

Addison Gong

December 04, 2019 08:00 am

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Bank of Communications Financial Leasing Co bagged $600m from a floating rate note (FRN), taking advantage of a strong preference from investors for a floating rate format compared to fixed.

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Topics

China China International Capital Corp Asia Greater China Bank of Communications Standard Chartered Senior Debt Northeast Asia BNP Paribas Asia Pacific Agricultural Bank of China Emerging Markets HSBC FIG DBS

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Addison Gong

SSA editor GlobalCapital