Ping An Insurance to raise $3.5b in convertible bond deal

Ping An Insurance to raise $3.5b in convertible bond deal

The sign of Ping An Insurance Group is pictured on the Ping An International Financial Center in Beijing, China November 8, 2023. REUTERS/Tingshu Wang/File photo

China’s Ping An Insurance is looking to raise $3.5 billion in a convertible bond deal, according to a term sheet seen by Reuters on Monday.

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