Citic Securities raises $700m from well-bid bond

money_pa_230x153
By Addison Gong
18 Oct 2019

Citic Securities Co returned to the offshore market with a $700m dual-tranche transaction. The deal included a five year bond, a rarity from a Chinese securities house in recent years.

ABC International, Bank of China, Citi, CLSA, HSBC, ICBC, JP Morgan and Standard Chartered were the global co-ordinators, bookrunners and lead managers.They started bookbuilding for a new three year bond at the 160bp area over Treasuries and a five year at the 175bp over area on Thursday morning ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial