Consistent triple-B domestic issuance attracts ConnectEast's debut deal [UPDATED]
- Tuesday, 27 August 2013
ConnectEast Finance (ConnectEast) says strong demand from domestic investor accounts and steady flow from triple-B rated issuers provided the necessary backdrop to the launch of its debut transaction. The deal, which priced on August 23, is the ninth domestic deal by a triple-B corporate issuer this year, a trend driven by improved investor sentiment and search for yield.