CMBC International: Priced at $600 million, dual-tranche US dollar floating rate notes.
On August 19, CMB International Financial Corporation successfully priced $300 million senior unsecured floating rate bonds each for 3 and 5 years, marking the first successful issuance of a 5-year floating rate product by a Chinese securities firm. The peak order value for this issuance reached $2.8 billion, with an oversubscription of approximately 4.6 times.
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