ABC Leasing joins peers with maiden bond

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

ABC Leasing joins peers with maiden bond

abc px230
Xiang Junbo (R2), chairman of the Agricultural Bank of China, and Shanghai party chief Yu Zhengsheng (R) mark the start of trading for the bank at the Shanghai Stock Exchange in Shanghai, China on Thursday, July 15, 2010. State-owned Agricultural Bank of China Ltd. held steady in its trading debut Thursday after raising up to $22.1 billion in a mammoth initial public offering despite the global crisis and concern about its profitability. Chinese characters at top reads part of slogan "Congratulations on Agricultural Bank of China's Trading Debut".(Photo By Ke Xin/Color China Photo/AP Images) | Ke Xin/ColorChinaPhoto/AP/Press Association Images

ABC Financial Leasing found a window on Monday to sell its maiden offshore bond ahead of what is expected to be a volatile second half of the week. Unsurprisingly, the deal was largely bought by onshore Chinese accounts, which helped the issuer achieve its fundraising goal.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article