BMW enters Panda market made accessible by rules and Bond Connect
birdiegal - stock.adobe.com
BMW issued its first Panda bond on Wednesday, raising Rmb3bn ($447m) in a deal that one of the lead managers hailed as a "milestone” in opening up China’s domestic bond market to foreign issuers.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts