Search Results for:Carrie Hong
This is Tencent’s biggest US dollar offering and the first time its issued debt since 2015.
Representatives from eight Chinese banks’ branches in the southeastern province of Hainan, where HNA is based, met with the group.
The deal eclipsed China Evergrande Group’s $6.6 billion offering in June to become the biggest sale in Asia from a non-bank issuer. Issuers from Asia outside of Japan have already sold more than $293 billion in dollar notes so far this year, an all-time high, compared with about $186 billion for all of 2016.
The tide may slowly be turning for Chinese bonds.