CATL’s debut warmly received by investors hungry for EV debt
11 Sep 2020China’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,
