Morgan Stanley mulls debut Formosa, second RMB bond
Morgan Stanley is mulling issuing a debut Formosa bond in Taiwan, eyeing a five year transaction with a size of no more than Rmb1bn ($160m), two sources told GlobalRMB this week. If a deal emerges, it would be the first Formosa from a US issuer, and only the second from a non-Chinese or Taiwanese bank.
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