First Pacific uses the USD bond market to manage its commitments – The Asset
On September 3, First Pacific Company, a Hong Kong-based investment management and holding company, assessed the price of a bond issue at US $ 350 million as part of its ongoing liability management program.
The unrated seven-year Reg S issue was valued at par for a yield of 4.375%. The coupon was the lowest for a US dollar senior unsecured bond transaction entered into by First Pacific and…
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