Guangxi duo explore international debt market

Two issuers from the Guangxi province of China, Guangxi Financial Investment Group Co and Guangxi Communications Investment Group Corp, are hitting the dollar bond market for funds.
Global co-ordinators CCB International, CEB International, DBS, ICBC (Asia) and Guotai Junan International released initial price guidance for Guangxi Financial’s three year bond in the 6.25% area on Monday morning following a roadshow that concluded on Friday last week.
Rated Ba1 by Moody’s, the issuer is a financial conglomerate ...Already a subscriber? Login