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.

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.

¬ Haymarket Media Limited. All rights reserved.

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].

Share our publication on social media
Share our publication on social media