Citic Securities raises $700m from well-bid bond

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 ...

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