GC
China Education makes convertible debut
China Education Group Holdings tapped the equity-linked market on Thursday, raising HK$2.35bn ($300m) from its first convertible bond.
Sole bookrunner Credit Suisse launched the deal after the Hong Kong market closed on Thursday. The issuer announced a 2024 CB with three year call and put options attached.
The notes were on offer at par with a coupon of between 1.5% and 2% and a 30% to ...Already a subscriber? Login
