by bondevalue | Mar 26, 2021 | China, Perpetual Bonds
Power Construction Corporation of China raised $500mn via a Perpetual non-call 5Y (perpNC5) bond at a yield of 3.08%, 47bp inside initial guidance of 3.55% area. The bonds have an expected rating of BBB and received orders over $2.4bn, 4.8x issue size. Asia bought 89%...
