SPDB closes in on big four FRN pricing

Addison Gong

October 25, 2019 07:30 AM

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Shanghai Pudong Development Bank Co priced a $300m floating rate note (FRN) at just a marginal premium over the curve of the big four Chinese lenders.

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Topics

China Corporate Bonds Asia Greater China Haitong Securities Senior Debt Northeast Asia Guotai Junan Securities Co Loans and High Yield LevFin High Yield Bonds Asia Pacific FIG Citi Barclays High yield Standard Chartered Shanghai Pudong Development Bank LevFin Crédit Agricole Emerging Markets Goldman Sachs

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Addison Gong

SSA editor GlobalCapital