Hikvision's €400m debut leaves Europe cold

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By Rev Hui
04 Feb 2016

Hangzhou Hikvision Digital Technology raised €400m in its international bond debut on Wednesday, in what was the second euro-denominated trade by a Chinese issuer this year. But unlike China Development Bank’s (CDB) deal last week, there was little European demand for Hikvision.

CDB was the first Chinese issuer to execute a euro-denominated deal this year when it raised a combined $2.1bn by tapping its existing €500m 0.875% 2018 and $1bn 2.5% 2020.

Deal statistics were not released for both portions, but a banker close to the European tranche did ...

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