Lead manager backing propels JIC Leasing’s $500m bond

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By Addison Gong
19 Jul 2019

China’s JIC Leasing Co priced a tight $500m bond on the back of strong support from the lead managers, after launching the transaction on a weak day for Asian capital markets.

JIC Leasing, a unit of China Jianyin Investment, debuted in the offshore bond market last September with a $500m three year priced at 205bp over US Treasuries. The parent, a spin-off from China Construction Bank, is an investment platform owned by Central Huijin Investment, with a mandate ...

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