Citic Securities finds support for $1bn bond

By Morgan Davis
28 May 2020

Citic Securities Co made its first dollar bond outing of the year on Wednesday, raising $1bn from a dual-tranche deal.

The Chinese securities firm announced the deal on Tuesday, and quickly gained indications of interest from investors. That gave the borrower the confidence to jump into the market the following day, said a syndicate banker on the transaction.

Citic began marketing its three year bond at ...

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