trending Market Intelligence /marketintelligence/en/news-insights/trending/ckh4kRV5wlkqnmUYiv7qUg2 content esgSubNav
In This List

Shanghai Pudong Development Bank to issue 50B yuan of convertible bonds

Blog

Insight Weekly: Bank boards lag on gender parity; future of office in doubt; US LNG exports leap

Blog

Insight Weekly: Job growth faces hurdles; shale firms sit on cash pile; Africa's lithium future

Podcast

Street Talk | Episode 99 - Higher rates punish bond portfolios, weigh on bank M&A

Blog

Insight Weekly: Loan growth picks up; US-China PE deals fall; France faces winter energy crunch


Shanghai Pudong Development Bank to issue 50B yuan of convertible bonds

Shanghai Pudong Development Bank Co. Ltd. plans to issue 50 billion yuan of six-year convertible bonds.

The move has been approved by China's securities regulator and is valid for six months from the date of consent, according to an Oct. 14 release.

The coupon of the notes has yet to be determined.

As of Oct. 14, US$1 was equivalent to 7.07 Chinese yuan.