ABC Leasing joins peers with maiden bond

abc px230
By Narae Kim
14 Jun 2016

ABC Financial Leasing found a window on Monday to sell its maiden offshore bond ahead of what is expected to be a volatile second half of the week. Unsurprisingly, the deal was largely bought by onshore Chinese accounts, which helped the issuer achieve its fundraising goal.

The Asia ex-Japan primary bond market has recently seen a string of financial leasing names tap investors. Not only does this include regular dollar issuers affiliated with big banks such as BOC Aviation, ICBC Financial Leasing, CCB Financial Leasing and BoCom Financial Leasing, but ...

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