Citic starts year with $750m trade

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By Morgan Davis
05 Jan 2018

Chinese conglomerate Citic became one of the first movers in the dollar debt market this week, raising $750m from a dual-tranche bond on Thursday.

The Hong Kong-listed firm timed its deal well. “This week was quiet compared to what we are expecting next week,” said one syndicate banker on the trade. Dollar investors are set for a bevy of transactions to hit the market, as the typical January bond rush goes into ...

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