21Vianet loads Rmb2bn for dim sum return

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21Vianet loads Rmb2bn for dim sum return

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Chinese internet hosting company 21Vianet printed its second offshore renminbi issue on Wednesday, a Rmb2bn ($324.4m) three year bond. The unrated borrower appeared in the market after having launched a tender offer for its outstanding 2016s — and was able to shave 100bp off the coupon it had paid on that deal.

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