China’s Ministry of Finance may be planning to return to the Hong Kong renminbi market, but debt bankers are getting more excited about borrowers lower down the credit curve tapping the market. Unrated Russian aluminium producer Rusal has picked banks for its own issue, and bankers expect it will be followed a sub-investment grade borrower soon. Read on for a full of potential renminbi bonds.
29 Nov 2010
Japanese policy bank. Eager to sell HK Rmb deal.
Korean policy bank. Considering renminbi funding, but lacks a specific renminbi need.
Korean policy bank. Could sell mainland bonds to fund its local unit, but has no fixed date.
Russian aluminium company. Mandated BNP Paribas and Bank of
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