Asia/Pacific

State leans on investors to support HNA bonds

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State leans on investors to support HNA bonds

Chinese banks are being encouraged to participate in HNA bond issuance by the Chinese government, reports The Financial Times. HNA plans to issue RMB4bn ($620 million) in three-year domestic bonds, paying 6.5-7.5%, through Bohai Financial in three tranches. The first trance will not exceed RMB2bn, a...

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