Because of the transformational nature of that $750 million acquisition, which has been announced earlier, the company was able to achieve a quite aggressive pricing on the bonds despite the widespread downturn in Asian equity markets earlier in the day. This included a yield of only 0.6% on the shortest of the two tranches.
Part of the interest may stem from the fact that the company has not been on the radar screens of most international investors until very recently and even for...
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