BNP Paribas gains licence to underwrite Panda bonds
The French bank becomes the third global bank after HSBC and Standard Chartered to be able to underwrite Panda bond sales
BNP Paribas China has gained a licence to underwrite bond sales by foreign companies in China, making it the third global bank after HSBC and Standard Chartered to be able to underwrite so-called ‘Panda bonds’.
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