Everbright Sec launches SBLC backed dollar debut

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Everbright Sec launches SBLC backed dollar debut

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aerial view of shanghai at night from jinmao building | yuliufu - Fotolia

Everbright Securities Co has started building books for what would be its debut outing in the dollar bond market. The Chinese brokerage firm secured a standby letter of credit (SBLC) from China Merchants Bank for the notes.

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