Citic Pacific closes heavily subscribed $1.25 billion bond

Citic Pacific returns to the debt capital markets after a decade with a $750 million hybrid supported by private banks and a $500 million senior bond.
Chang Zhenming, chairman of Citic Pacific
Chang Zhenming, chairman of Citic Pacific

Hong Kong-listed conglomerate Citic Pacific successfully priced a heavily subscribed dual-tranche $750 million hybrid and $500 million 10-year senior note on Friday night. The deal marked Citic Pacific’s return to the public debt capital markets after a decade-long absence.

¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media