Panda Bond

China Europe

The Panda Bond issue plan created together with the Bank of China for 650 million euros (equivalent to 5 billion Renminbi) and destined to finance Italian companies, especially SMEs active in China, has already received interest of 100 million euros funding and is about to get the green disk of the Chinese authorities.

The joint declaration will create mixed funds to finance the real economy with a view to mutual cooperation. In this direction the agreement signed between the Crbic and Ivass regulators, on insurance cooperation, definitely goes, while on the financial side Import export Bank of China has signed two agreements with UniCredit and Sace.

Adapted from: Panda bond, la Cina ha fame. Pronta la prima emissione di Rita Fatiguso

Source: Il Sole24ore