China Merchants braves choppy waters

China Merchants Holdings, the Hong Kong-listed port operator, announced a five and 10 year bond today (Wednesday) via ING and Merrill Lynch, braving some rough conditions in the international markets. With little news from the other borrowers on the road this week, China Merchants will be hoping its Chinese government links and quite generous coupon will be enough to overcome investors’ nerves. Read EuroWeek on Friday to find out if the deal proved successful.