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China's Pacific Andes sets talk at 5½%-5¾% for 1 billion renminbi offering of three-year notes
By Christine Van Dusen
Atlanta, Jan. 21 - Hong Kong's Pacific Andes Resources Development Ltd. set price talk for its 1 billion renminbi offering of three-year notes at 5½% to 5¾%, a market source said Friday.
Bank of America Merrill Lynch, HSBC and Standard Chartered are the bookrunners for the Regulation S deal, which includes a change-of-control put at 101%.
Pacific Andes Resources is a seafood company.
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