CIIH prices debut bond

Greater China insurer offers rare credit exposure.
November 06, 2003

China Insurance International Holdings (CIIH) priced its debut $175 million bond on Monday. With UBS as bookrunner and HSBC as joint lead, the BBB- rated group completed a 10-year deal on an issue price of 99.251% and a coupon of 5.8% to yield 5.9%.

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