Beijing Infrastructure constructs Rmb1.2bn footprint

By Isabella Zhong
26 Jun 2014

Beijing Infrastructure Investment (Hong Kong) priced its debut offshore renminbi bond last Friday. The issuer took an exhaustive approach to preparing the deal and was rewarded with tight pricing.

Diverging from the majority of non bank Chinese CNH borrowers, Beijing Infrastructure opted to have its notes rated — and by the triumvirate of Moody’s, Standard & Poor’s and Fitch. 

“By going down the rating route, setting up an MTN programme and taking the time to present its ...

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