Caterpillar extends RMB winning streak, Financial St to follow

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Caterpillar extends RMB winning streak, Financial St to follow

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Dim sum steamers at a Chinese restaurant, Hong Kong | Stripped Pixel - Fotolia

Dim sum regular Caterpillar Financial Services Corp priced its first offshore renminbi (CNH) bond of the year on June 16, raising Rmb1bn ($161m). The company decided to tap the market this week after being encouraged by the recent bullish secondary performance of its outstanding bond.

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