Yum Brands serves up dim sum bond
Yum Brands edges investors’ appetite with Rmb350 million dim sum bond, while Nissan Motors and Khazanah affiliate.
It seems that Hong Kong’s dim sum bond market continues to captivate a growing universe of borrowers, the latest addition being Yum Brands.
Moreover, Nissan Motors starts investor meetings for a potential dim sum bond. HSBC and Standard Chartered are organizing the meetings and a deal is expected this week. Nissan is rated BBB+ (stable) by S&P.