BoCom HK rides wave of bond issuance

Bank of Communications Hong Kong branch raises a $700 million three-year senior unsecured note, becoming the first Asian financial institution to issue in 2014. But it has been a busy week for debt markets.

Bank of Communications (BoCom) Hong Kong branch raised a $700 million three-year senior unsecured note on Wednesday, smartly riding the wave of other bond issuance that has hit the debt markets in the first week of the new year.

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