ICBC Leasing returns with $2b dual-tranche bond

Going down the Reg S route allows the company to pick up more steam than its 144A print six months ago. It reflects a growing shift in buying power to the East.

ICBC Financial Leasing, the aircraft leasing unit of China’s largest commercial lender, returned to the international bond markets for the first time this year, raising $2 billion via a dual-tranche deal.

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