Insurer FWD raises profile with $325m bond

Richard Li’s insurance company establishes its footprint in the debt world with a debut 10-year bond, targeting investors with appetite for longer tenor notes.
FWD is Hong Kong's ninth-biggest insurer
FWD is Hong Kong's ninth-biggest insurer

FWD sold a $325 million 10-year bond on Wednesday, targeting investors with a strong appetite for longer tenor notes amid a rising interest rate environment.

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