Chinese issuers flood offshore bond market

US dollar_Adobe_24July
By Alice Huang, Morgan Davis
18 Sep 2020

Bond sales from Chinese issuers continued unabated on Thursday despite heavy supply in the first half of the week, with firms raising a combined $1.1bn from the debt market.

Asian issuers have been busy this week. Some 13 companies rushed to the offshore market to raise $13.9bn collectively before Thursday. Bankers told GlobalCapital Asia that issuers are being advised to push out deals ahead of Golden Week – China’s eight-day national holiday starting from October 1 – ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial