Huangshan Tourism rides on SBLC for euro debut

Alice Huang

August 26, 2020 09:30 AM

Huangshan_Adobe_26Aug

Huangshan Tourism Group Co opted for euros for its maiden offshore bond. The €230m transaction benefited from a standby letter of credit from Bank of China’s Anhui branch, as well as strong bookrunner support.

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China Minsheng Banking Corp China China Everbright Bank Co China Construction Bank Corporate Bonds ICBC Asia Greater China Bank of Communications Haitong Securities Bank of China Northeast Asia Guotai Junan Securities Co Asia Pacific Coronavirus Shanghai Pudong Development Bank Emerging Markets Euro High grade and crossover bonds

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Alice Huang