BMW sells tightly priced private placement Panda bond

Panda_eating_China_PA_230X150_3Mar20
By Rebecca Feng
03 Mar 2020

BMW Finance, a wholly owned special purpose vehicle of BMW, brought a Rmb3.5bn ($502m) dual tranche private placement Panda bond on Tuesday. Both tranches received plenty of demand from domestic investors, the result of flush liquidity onshore.

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial