StanChart Panda bond gets approval, will hit market soon

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StanChart Panda bond gets approval, will hit market soon

StanChart 230x150
A sign of Standard Chartered bank is seen at its headquarter in the City of London, Tuesday, Aug. 7, 2012. | Sang Tan/ASSOCIATED PRESS

Standard Chartered has been given the nod for its debut Panda bond issuance from the People’s Bank of China (PBoC) and the deal is expected to take place quite soon, two sources with knowledge of the trade have told GlobalRMB.

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