Citic Pacific mulls five-year perp, 10-year vanilla bonds

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Citic Pacific mulls five-year perp, 10-year vanilla bonds

The Chinese conglomerate plans to raise funds via a perpetual non-call five-year bond and a 10-year US dollar bonds on the back of a solid credit market. The dual-tranche offering, which comprises a hybrid and a senior note, is rarely seen in Asia.

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