Defensive BSH offers dim sum buyers haven
German household appliance company BSH Bosch und Siemens Hausgeräte raised Rmb2bn ($312.8m) in the offshore renminbi market this week, overcoming the tricky conditions in international funding markets by offering investors a defensive credit — and getting enough demand to add a seven year tranche during execution.
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