Geely launches first Chinese auto bond

The Chinese automotive manufacturer’s debut $300 million offering seven times oversubscribed as investors embrace high-yield diversification from a promising sector.

Geely is China’s tenth largest passenger vehicle manufacturer

Chien Mi Wong

September 25, 2014

Geely Automobile raised a maiden $300 million five-year bond on Wednesday, the first debt issuance from a Chinese domestic automotive manufacturer.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Debt
North Asia

#geely
#automobile
#china
#bonds
#high yield