Guangxi Financial lands $500m amid SOE vs LGFV talks

Addison Gong

January 16, 2018 10:00 am

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Guangxi Financial Investment Group Co raised $500m from its debut on Monday — a rather large amount for a sub-investment grade government-owned Chinese credit. But the deal was priced in line with comparables, despite bankers and some accounts viewing the credit differently.

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China China Everbright Bank Co China Construction Bank Corporate Bonds High yield ICBC Asia Greater China Northeast Asia Guotai Junan Securities Co Loans and High Yield LevFin High Yield Bonds Asia Pacific LevFin Emerging Markets DBS

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Addison Gong

SSA editor GlobalCapital