Chinese debut bond deals gather pace

SOE Binhai Investment is out with a maiden dollar bond while energy firm Kunlun Energy begins investor meetings for a potential greenback offering.

Chinese debut bond deals gather pace
Tianjin-based Binhai is a supplier of liquified petroleum gas

Debut bond issuances are gathering pace in Asia as savvy investors learn to price in the mounting default risks, with Chinese issuers dominating the bulk of the pipeline.

Rated Baa3BBB-, Chinese state-owned enterprises Binhai Investment raised its first $200 million three-year bond late on Tuesday. 

Binhai priced its maiden Reg S-only bond  guaranteed by Tianjin TEDA Investment  at US Treasuries plus...

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