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China Taiping sets roadshow for dollar-denominated notes
By Christine Van Dusen
Atlanta, Oct. 7 - China Taiping New Horizon Ltd. has mandated Credit Suisse, JPMorgan, Agricultural Bank of China, Bank of China, CCB International, CICC and Taiping Securities as bookrunners for a dollar-denominated offering of notes (expected rating: /BBB+/) and a roadshow, a market source said.
The investor meetings will be held in Hong Kong and Singapore beginning Tuesday.
A Regulation S deal is expected to follow.
The issuer is a wholly owned subsidiary of China Taiping Insurance Holdings Co. Ltd., an insurance conglomerate based in Hong Kong.
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