/PRNewswire/ Ping An of China Asset Management (Hong Kong) Company Limited ("PAAMC HK"), the offshore asset management arm of the Ping An Insurance (Group).
Ping An of China Asset Management (Hong Kong) Company Limited: Ping An Money Market Fund Assigned 'AAAmf' Rating by Lianhe Global finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
The extension of credit for a state-owned contractor in Guizhou province has led to concerns that the country’s smaller banks will become caught up in local governments’ debt crises amid increasing pressure to carry bad loans.
Sinic Holdings Successfully Completes Initial Issuance of US$250 million Green Notes
Sinic Holdings (Group) Company Limited (the
Company , stock code: 2103) is pleased to announce that the Company successfully completed the issuance of US$250 million 364-Day Senior Notes ( The Notes ) on 18 January 2021 with orders over US$2 billion, obtaining 8 times over-subscription. The Notes were issued as Green Notes under the Green, Social, Sustainability Financing Framework (the Framework ). The Notes achieved a coupon rate of 8.50%, and the final pricing of the Notes was 37.5 basis points lower than the initial price guidance. The yield of the Notes has decreased significantly compared to previous notes issued with comparable tenor, which proves the Company s improving investor recognition in the capital markets.