Cinda, China Re compete for bond market attention

China Cinda garnered an impressive order book of $19 billion for a four-part deal, while China Re received $2.3 billion of orders for its debut.
March 03, 2017

Two of China’s largest financial companies chose the same day to launch their US dollar bond offerings. On Thursday, investors were offered a $3 billion four-tranche deal from China Cinda Asset Management and an $800 million debut issue from China Reinsurance Group, the country’s largest reinsurer.

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