Citic Pacific, CMT tap buoyant markets for more than $1 billion

In another busy Monday, Citic Pacific prints $750 million and CapitaMall Trust raises $400 million -- both at the tight end of guidance.

Citic Pacific, CMT tap buoyant markets for more than $1 billion
The Iluma shopping mall was acquired by CapitaMall Trust in 2011

As markets remain buoyant, CapitaMall Trust CMT, Citic Pacific and Siam Commercial Bank all charged into the international debt markets yesterday, with the first two collectively raising more than $1 billion.

Hong Kong-listed Citic Pacific last night priced a $750 million long five-year bond. Citic Pacific is a conglomerate that is 57.6% owned by China's state-owned Citic Group. It is engaged in steel making, iron ore mining, property development and power generation. While...

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