Huatai banks $1.2bn bond

By Morgan Davis
31 Mar 2021

Huatai Securities Co was back in the dollar market on Tuesday, marketing a dual tranche transaction more than a year after its last dollar sale.

The Chinese company last sold a $400m floating rate 2023 bond in February 2020.

The Baa1/BBB company mandated banks for its new three and five year dual-tranche trade on Monday, and opened orders the following day. Initial price guidance was set at the 160bp over ...

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