Why ChemChina displaced Syngenta for jumbo bond

Six months after Syngenta pulled a $7 billion bond sale, its Chinese parent, ChemChina, sells the largest corporate bond sale by an Asian issuer so far this year.

China National Chemical Corporation (ChemChina) pulled off Asia's biggest bond deal so far this year on Wednesday, raising $6.4 billion across a range of maturities as it kick-started the stalled refinancing of its record-breaking acquisition of Swiss pesticide and chemicals maker Syngenta.

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