China Orient upsizes bond as investors pile in

With investors starved of yield, China Orient could have sold the bonds 10-times over, enabling the state-owned enterprise to price the deal aggressively.
August 23, 2016

China Orient Asset Management benefited from pent-up investor demand for yield on Tuesday as it tapped international bond markets for the first time in almost two years with an upsized $650 million five-year issue.

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