Caterpillar lures dim sum investors with wider guidance
Caterpillar Financial Services Corporation priced the year’s largest offshore renminbi bond by a multinational corporation on June 17 raising Rmb1.8bn ($293.6m). The company took no chances, pricing the deal at premium to encourage investors still jittery from the recent volatility in the international financial markets.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts