BONDS: China Dev FHC NT$6bn Dual-tranche In The Market
China Development Financial Holdings (CDFHC) is marketing a NT$6bn (US$187m) dual-tranche senior corporate bond. Indications are 1.8% for five-year and 2% for seven-year. The deal marks the return of the tw-A minus rated borrower after a NT$6bn multi-tranche deal in June 2008. CDFHC is self-arranging the deal with the helps of its affiliates, namely Grand Cathay Securities and KGI Securities.
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