ASIA-PACIFIC

摘要

Rail infrastructure operator tianjin rail transit group has raised a €200m 10-year Schuldschein, becoming the first Chinese borrower to use the private placement format to tap Germany's domestic loan market, according to a press release from sole underwriter Deutsche Bank. The loan, which is governed by German law and is to be used domestically for financing or investment purposes, is also Tianjin Rail's first euro-denominated assignable loan, the press release said. Investors primarily comprised German banks, savings banks and insurance companies looking for a buy-and-hold investment.