Update: Far East pushes bond to Rmb1bn after huge bid

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Update: Far East pushes bond to Rmb1bn after huge bid

Far East Consortium raised Rmb1bn ($158.9m) on Monday evening, after its bookrunners were able to double the size of a dim sum bond from what they had initially planned. The company turned its back on a dollar bond last year after struggling to get enough demand, but that was clearly not a problem in the offshore renminbi market.

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