China Development Bank talks benchmark tap of 7/8% notes due 2018 at mid-swaps plus 75 bps

By Christine Van Dusen

Atlanta, Jan. 27 – China Development Bank talked a benchmark-sized tap of its 7/8% notes due in 2018 at mid-swaps plus 75 bps on Wednesday.

The bank originally issued €500 million of the notes on Sept. 29 at 99.856 to yield mid-swaps plus 80 bps.

China Development Bank is a financial institution based in Beijing.

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