SPC signs $900m note issue
SPC Credit has signed a three-year $900 million floating rate certificate of deposit facility.
The issue was part of the company's HK$3 billion certificate-of-deposit programme.
Pricing was set at 40 basis points over three-month Hibor and the deal was oversubscribed from the initial HK$500 million mandate. Schroders Asia and Societe Generale Asia were arrangers.