AMC bond supply back with a bang as Great Wall takes $500m

US dollar_Adobe_24July
By Alice Huang
13 Aug 2020

China Great Wall Asset Management Co reopened bond supply from the country's bad debt managers this week with a tightly priced $500m deal.

China’s big four AMCs — Great Wall, China Cinda Asset Management Co, China Huarong Asset Management Co and China Orient Asset Management Co — have been quiet in the offshore market since Cinda’s $2bn four-tranche deal in March.

Great Wall came back on Wednesday to refinance a $500m ...

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