China Resources Cement and BOC Aviation close debut bonds

China Resources Cement and BOC Aviation raise $400 million and $500 million, respectively, adding to the record level of debut bond issuance.

China Resources Cement and BOC Aviation close debut bonds

Two Asian borrowers China Resources Cement and BOC Aviation closed debut dollar bonds on Thursday night, raising a combined $900 million. Without a doubt, this has been a standout year for debut bond issuance.

So far this year, 23 borrowers from Asia ex-Japan have raised $14.4 billion through debut dollar bonds, according to Dealogic. This is a steep rise from the six issuers that raised $2.5 billion in 2011 and the two...

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