China Maple Leaf makes CB debut

By Jonathan Breen
13 Jan 2021

China Maple Leaf Educational Systems debuted in the equity-linked market on Tuesday with a $125m convertible bond.

Sole bookrunner UBS conducted an accelerated bookbuild for the CB on Tuesday evening in Hong Kong. It launched the deal after wall-crossing investors through the day, said a source familiar with the matter.

The five year CB, puttable after three years, had a base size of $125m. It ...

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