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CATL’s debut warmly received by investors hungry for EV debt

11 Sep 2020

China’s leading EV (electric vehicle) battery provider Contemporary Amperex Technology (CATL, rated Baa1/BBB+/BBB+) successfully issued an inaugural USD1.5bn dual-tranche bond on Thursday (10 September), garnering very strong demand from investors.

The market warmly welcomed the new borrower,

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