CAR, CRLand, Daimler lead Panda bonanza

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By Carrie Hong
23 Mar 2016

The Chinese Panda bond market is starting to heat up with a slew of corporates in the midst of preparing their respective trades.

CAR, previously known as China Auto Rental, is eyeing a debut Panda of up to Rmb2bn ($308m) in the country’s exchange bond market, which could be increased to Rmb3bn depending on investor appetite.

The potential tenor of the deal is three years or longer and the trade will ...

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