CMP offers premium to sell perpetual duo

Morgan Davis

September 30, 2020 09:00 AM

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China Merchants Port Holdings Co (CMP) paid a generous premium to close a $600m dual-tranche bond on Tuesday, responding to weakness in the secondary prices of similar deals.

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Topics

UBS China Merchants Bank Co China Corporate Bonds ING Asia Greater China Morgan Stanley Northeast Asia Asia Pacific Emerging Markets DBS High grade and crossover bonds

MD

Morgan Davis

Deputy editor GlobalCapital Asia