China Citic Bank plans Panda debut

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China Citic Bank plans Panda debut

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closeup giant panda bear eating bamboo | Kwangmoo - Fotolia

China Citic Bank International is coming to the Panda bond market for the first time. The Hong Kong-based lender is hoping to raise Rmb3bn ($437m) with a three year bond, which will be the first Panda issued by a financial institution this year, according to GlobalRMB data.

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