Ping An revels in strong debut showing

By Rev Hui
13 Jan 2016

The drawing power of one of Asia’s top credits was on show this week with Ping An Life Insurance Co of China debuting in the dollar bond market with a $1.2bn deal that was multiple times covered across two tranches.

Ping An had been making its rounds and meeting fixed income investors last week but refrained from issuing once the roadshow ended on January 6 because of volatile market conditions.

“The issuer didn’t want to risk doing a trade when the markets were rough and was willing to ...

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