China's Ping An Insurance eyes $300 million 10-year dollar bond deal, term sheet shows

Reuters
Sep 23
China's <a href="https://laohu8.com/S/PIAIF">Ping An Insurance</a> eyes $300 million 10-year dollar bond deal, term sheet shows

SYDNEY, Sept 23 (Reuters) - China's Ping An Insurance 601318.SS is planning to issue a 10-year dollar bond to raise $300 million, according to a term sheet reviewed by Reuters on Tuesday.

Ping An did not immediately respond to a request for comment from Reuters.

Initial price guidance for the bond has been set at about Treasuries plus 130 basis points, the term sheet said.

(Reporting by Scott Murdoch; Editing by Christian Schmollinger)

((Scott.Murdoch@thomsonreuters.com;))

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