UBS prices CNY 2 billion 5-year panda bond in China at 1.78% coupon
UBS•UBS prices 5-year panda bond in China
UBS priced a CNY 2 billion 5-year Panda Bond in China’s interbank market.
- Coupon set at 1.78%, a record low for a 5-year Panda Bond from a foreign financial institution.
- Order book exceeded three times the deal size, signaling strong onshore demand.
