China Shipping managed to raise $500m with its credit enhanced five year bond. Initial guidance was set at 280bp over Treasuries area before bookrunners tightened the final guidance to 270bp over Treasuries to yield 4.250%, which is where the bond eventually priced. China Shipping offered a 10bp new
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com