Citic Financial prices debut CB

The fast expanding banking group adds welcome diversity to Hong Kong''s convertible universe.
October 26, 2003

Joint bookrunners Citic Capital Markets and JPMorgan priced a $150 million convertible for Citic Financial Holdings (CIFH) after Friday's close in Asia. The deal marks the fifth new entrant to the Hong Kong convertible universe so far this year following transactions by Panva Gas, Beijing Datang, China Travel and Star Cruises.

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