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Published on 6/16/2011 in the Prospect News Emerging Markets Daily.

China's Rainbow Days taps bookrunners for renminbi or dollar notes

By Christine Van Dusen

Atlanta, June 16 - China's Rainbow Days Ltd. has mandated Bank of China, Deutsche Bank and Standard Chartered Bank for an issue of renminbi- or dollar-denominated notes, a market source said.

The Regulation S deal is expected to launch, subject to market conditions.

The notes are guaranteed by China Merchants Bank Co. Ltd., a commercial bank based in Shenzhen, China.


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