Market Chatter: China Pacific Insurance Mulls $2 Billion Convertible Bond Sale
MT Newswires Live
Yesterday
China Pacific Insurance (HKG:2601, SHA:601601) is weighing a sale of as much as $2 billion of convertible bonds, Bloomberg News reported Tuesday, citing people familiar with the matter.
The insurer is working with banks on the potential offering, details of which are not yet finalized, the report said.
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