Ping An hires Goldman and two others for domestic CB

The Chinese insurer is seeking to raise up to $4.1 billion from the sale of bonds convertible into A-shares.
<div style="text-align:right; font-size:7pt; color:rgb(119, 119, 119);"> Photo: ImagineChina </div>
<div style="text-align:right; font-size:7pt; color:rgb(119, 119, 119);"> Photo: ImagineChina </div>
January 10, 2012

Ping An Insurance (Group) has mandated China International Capital Corp (CICC), Credit Suisse Founder Securities, in which Credit Suisse owns a 33% stake, and Goldman Sachs Gaohua to help it sell a domestic convertible bond of up to Rmb26 billion ($4.1 billion), according to sources.

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