Yancheng Oriental, Shandong Shipping go offshore
Yancheng Oriental Investment & Development Group Co raised $360m from a bond on Thursday, while another Chinese government-owned issuer, Shandong Shipping Corp, priced a $200m three year deal.
Yancheng Oriental's transaction followed investor meetings last month.
China International Capital Corp and Guotai Junan International were the global co-ordinators, while Bank of Communications International, China Minsheng Banking Corp Hong Kong branch, CMBC Capital, Guoyuan Capital and Industrial Bank Co Hong Kong branch worked as bookrunners and lead managers....
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