Tsinlien completes three year RMB trade
Tsinlien Group priced at Rmb1.8bn ($292m) deal on Tuesday September 2. DBS, China Citic Bank International, Industrial and Commercial Bank Asia and Wing Lung Bank opened guidance on the three year CNH at 5.5% area before tightening to 5.2%-5.25%. The bond priced at par with a coupon of 5.2%.
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