Hainan SOE bags $300m from debut

By Morgan Davis
28 Jan 2021

Hainan State Farms Investment Holdings Group Co debuted in the dollar market on Wednesday with a three year bond.

The Baa2/—/BBB+ borrower is wholly owned by the Hainan provincial government. The company is the largest natural rubber producer by volume in China.

Its Reg S transaction was initially run by 19 banks. CICC, Guotai Junan International and ICBC International were the global co-ordinators.  ABC International, ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial