Beijing Capital talks three-year notes at 230 bps over Treasuries

By Christine Van Dusen

Atlanta, March 25 – China’s Beijing Capital Group Co. Ltd. set initial talk at Treasuries plus 230 basis points for an offering of dollar-denominated three-year notes (Baa2/BBB/BBB), a market source said.

The proceeds from the notes will be used for general corporate purposes, including paying back existing debt.

The state-owned company aggregates private capital for investment in infrastructure, development, agriculture and loans.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.