BoCom breaks lull with $550m floater

China's fifth-largest lender sells an aggressively-priced floater after building a peak order book of $4.25 billion.

Bank of Communications, China's fifth-largest lender by assets, priced a $550 million three-year floating rate note on Wednesday, making the most of the summer lull to generate a strong order book from deal-starved investors.

¬ Haymarket Media Limited. All rights reserved.

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