ABC scores $450m in senior deal

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By Morgan Davis
09 Jul 2020

ABC International Holdings raised $450m from a three year bond on Wednesday, thanks in part to backing from the 23 banks that ran its transaction.

The A2/A-/A rated borrower began marketing its notes at the 180bp over US Treasuries area on Wednesday morning local time.

Twenty-three banks ran the senior transaction. Agricultural Bank of China Hong Kong branch and ABC International were the global co-ordinators on the Reg S bond. ABC ...

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