Hainan SOE bags $300m from debut

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? Login