Investors demand hefty premium from Qinghai LGFV

Morgan Davis

March 19, 2018 10:00 AM

Dollar_meal_fotolia_230x150

China’s Qinghai Provincial Investment Group Co was forced to pay up around 75bp in new issue premium to complete a $250m bond on Friday, as investors voiced their scepticism about the low rated issuer.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

Credit Suisse China EMEA Corporate Bonds GCC Asia Greater China China Bonds Northeast Asia China Loans and High Yield LevFin High Yield Bonds Asia Pacific Middle East FIG EM Middle East Middle East Bonds Taiwan High yield Standard Chartered LevFin United Arab Emirates Crédit Agricole Emerging Markets

MD

Morgan Davis

Deputy editor GlobalCapital Asia