Automotive Sep 03, 2021 09:48 PM (GMT+8) · EqualOcean
Financial Associated Press, September 3 - Ningde times successfully issued US $500 million of overseas bonds. The main rating of this issuance is baa1 / BBB + / BBB + (Moody's / S & P / Fitch), with a five-year issuance scale of US $500 million and a coupon of 1.5%. The final pricing is t + 85bps, 40 BPS narrower than the initial price guidelines. The final order book exceeded US $6.4 billion and oversubscribed more than 12.8 times.
Related companies: