Daimler kicks off 2020 Panda issuance with new funding arm

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Daimler kicks off 2020 Panda issuance with new funding arm

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(200103) -- BRUGELETTE, Jan. 3, 2020 (Xinhua) -- File photo taken on Dec. 31, 2019 shows giant panda Gong Gong eating a pear at the Hainan Tropical Wildlife Park and Botanical Garden in Haikou, south China's Hainan Province. Gong Gong won the "Favorite Panda in China" Gold Award. Bao Di and Bao Mei, the two giant pandas born last year in the Belgian zoo of Pairi Daiza, won the "Panda Cub of the Year" Gold Award on Jan. 3, 2020. The ceremony of 2019 Giant Panda Global Awards was held in Pairi Daiza. It was organized by the Giant Panda Global website, a platform to promote conservation efforts for giant pandas. (Xinhua/Yang Guanyu) | Yang Guanyu/Xinhua News Agency/PA Images

German automaker Daimler began its 2020 renminbi debt market activity on Tuesday with a Rmb3bn ($432m) Panda bond sold through a new issuance vehicle, Netherlands-based subsidiary Daimler International Finance.

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