Ping An launches Rmb26 billion A-share CB

The deal comes with a 3.3% conversion premium versus the latest close and is expected to see a high take-up by existing shareholders.
November 22, 2013

Wasting no time since receiving regulatory approval at the end of last week, Ping An Insurance (Group) will open the order books for its long-awaited Rmb26 billion ($4.2 billion) domestic convertible bond on Friday.

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