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China’s Xiaomi mandates 12 banks to lead U.S. dollar bond issue

Stock Markets15 minutes ago (Jul 05, 2021 09:55PM ET)

(C) Reuters. FILE PHOTO: The logo of Xiaomi is seen inside the company’s office in Bengaluru, India, January 18, 2018. Picture taken January 18, 2018. REUTERS/Abhishek N. Chinnappa/File Photo

(Reuters) – Chinese smartphone maker Xiaomi (OTC:XIACF) Corp will mandate 12 banks to lead a U.S. dollar bond issue, according to a term sheet seen by Reuters.

Goldman Sachs (NYSE:GS), Credit Suisse (SIX:CSGN), J.P. Morgan, China International Capital Corp, CLSA Ltd, Morgan Stanley (NYSE:MS), Citigroup (NYSE:C), HSBC, Bank of China, China Construction Bank (OTC:CICHF) Corp, ICBC and AMTD will lead the bond issue, the document showed.

China’s Xiaomi mandates 12 banks to lead U.S. dollar bond issue

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