The JPMorgan-led offering, which was launched and priced late on Monday, had a base size of $100 million plus an upsize option of $50 million, of which $35 million was exercised immediately. The remaining $15 million were sold yesterday as the bonds traded up to about 102.00-102.50. They have a five-year maturity, but can be put back to the company after three years.
This was the first CB to be completed by an Asian-listed issuer in...
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