Hospitality giant Shangri-La readies Panda bond

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Hospitality giant Shangri-La readies Panda bond

Shangri-la hotel_575px_adobe_6Jan21
KIEV, UKRAINE - March 27, 2019: In this photo illustration a Shangri-La Hotels and Resorts logo seen displayed on a smart phone. | Igor Golovniov/Игорь Головнёв - stock.adobe.com

Shangri-La Asia, the investment holding company of hotel operator Shangri-La Group, has hired two banks to lead a Rmb1bn ($155m) Panda bond, its first in the currency.

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