China Insurance mandates dollar debut

The insurance company joins a small band of China issuers active in the international debt markets.

China Insurance International Holdings CIIH is believed to be preparing to launch its first dollar denominated bond issue. Observers say the Hong Kong listed company has mandated its ratings advisor UBS for the transaction, which should surface in the next month or so.

The deal is expected to be relatively small, with the market anticipating an issue size of $100 million to $200 million. However, the transaction is interesting on two counts.

Firstly, there is the...

To continue reading, please login or register for free

Click for more on: china | insurance | mandates | dollar | debut

Print Edition

FinanceAsia Print Edition