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Thursday, 17 May 2012

BONDS: Lotte debut Dim Sum raises Rmb750m at 4%

Korean retailer Lotte Shopping priced its debut Dim Sum bond Thursday night. A three-year deal was launched and eventually priced at 4%, at the low-end of the low 4% guidance, raising Rmb750m (US$119m). Initially, a Rmb700m deal had been rumoured.

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