Shanghai Electric connects with debut euro bond

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Shanghai Electric connects with debut euro bond

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Mirko Popadic/yossarian6 - Fotolia

Shanghai Electric Group Company (SEC) wrapped up its first foray into euros this week, joining a string of Chinese firms that have recently taken advantage of Europe’s low yield environment. Due to the strong demand, not only did the issuer price the deal a lot tighter than its closest comparable but it was able to ramp up the issue size.

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