BoCom Leasing floats dual-tranche trade

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By Morgan Davis
25 Feb 2020

Bank of Communications Financial Leasing Co (BoCom Leasing) found strong support from investors for its $800m dual-tranche floating-rate deal on Monday, thanks to its status as a defensive credit in a volatile market.

After a strong start to the year for the bond market, investor sentiment plummeted on Monday with news of the Covid-19 coronavirus epidemic spreading wider, triggering fears of further economic impact. The number of cases rose to startling levels in Italy and South Korea, causing a sell-off in ...

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