China's State Grid dual-currency bonds raise $2.1b

The Chinese state-owned utility returns to the international bond markets with a four-tranche sale, boosting its M&A warchest.
May 12, 2016

State Grid Corp of China returned to the international bond markets on Wednesday with a new dual-currency, four-tranche bond offering denominated in US dollars and euros, raising a total of $2.1 billion.

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