Allen & Overy and Clifford Chance have won prized mandates as the UK government completes its debut renmibi denominated bond offering worth RMB3bn (£300m).
October 22, 2014 at 06:33 AM
1 minute read
The original version of this story was published on Legalweek
Allen & Overy and Clifford Chance have won prized mandates helping the UK government complete its debut renminbi denominated bond offering valued at RMB3bn (£300m).
The issue was settled yesterday (21 October) after a high volume of orders pushed the yield on the three-year bonds from an expected 2.9% down to 2.7% last week.
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