AIA reopens Asia market with $1bn bond

Hong Kong island adobe stock 230x150
By Morgan Davis
01 Apr 2020

Hong Kong's AIA Group has reopened Asia’s bond market for other quality credits by selling a $1bn deal that offered a generous new issue premium to attract investors.

Other than a smattering of club-like Chinese deals, the Asian bond market hasn't seen a notable debt sale since China Cinda (HK) Holdings Co raised $2bn on March 11. Investment grade rated US borrowers have been dipping into the market for sizeable trades, but Asian issuers have ...

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