CMB doubles up with dollar, euro combo

dollar euro hand px230
By Addison Gong
13 Jun 2019

China Merchants Bank priced three year bonds on Wednesday that were split between a $600m floating rate note (FRN) and a €300m fixed rate tranche.

Bookbuilding for a three year floating rate dollar bond was announced from the 95bp over three months Libor area on Wednesday morning local time by global co-ordinators Citi, China Merchants Bank International and JP Morgan.

Alongside the floater, the Chinese issuer also marketed a fixed rate bond ...

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