Trio hit Asian G3 bond market

Ping An, China Energy Reserve & Chemicals Group and Woori Bank join Evergrande Real Estate in a busy week for international bonds by Asian borrowers.

Trio hit Asian G3 bond market

Asian debt capital markets finally hit their stride on Tuesday with three issuers raising a combined total of $2.1 billion. 

After a quiet first week to the year, two Chinese issuers and one Korean borrower all executed deals that achieved their pricing targets despite choppy market conditions.

Ping An Life raised $1.2 billion from a debut dollar-denominated bond, while China Energy Reserve Chemical Group CERC raised $400 million in acquisition financing...

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition