ASIA-PACIFIC

摘要

FUFENG GROUP, rated BBB-/BB+ (S&P/Fitch), priced a US$350m three-year bond last Tuesday at Treasuries plus 325bp. Orders exceeded US$1bn. Asia accounted for 82% of the Reg S notes, while the remainder was allocated to Europe. By investor type, fund and asset managers took 76% of the deal, insurers 17%, banks 5% and private banks 2%.