Putian LGFV sells anchor-heavy bond

US dollar_Adobe_23July
By Morgan Davis
20 Apr 2021

Putian State-Owned Assets Investment Co (PTSI) sold its first dollar bond this week, raising $180m.

Sole global co-ordinator CICC opened bookbuilding for the three year notes at the 5% area. Bank of China, CEB International, China Securities International, CMBC Capital, CNCB Capital, Guotai Junan International, Haitong International, Hung Sing Securities and Industrial Bank Hong Kong branch were also on the Reg S transaction ...

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