JPM doubles tap of Ping An-linked EB to $100m

JP Morgan5
By John Loh
11 Sep 2018

JP Morgan doubled a tap of its exchangeable bond (EB) linked to shares of Ping An Insurance (Group) Company of China, raising $100m on Monday.

The US bank sold a well-received $350m 2.5 year bullet in July through its own equity linked syndicate team as the sole bookrunner. The rare cash settled deal was designed to let bank issuers raise funds ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial