Fosun, the Chinese insurance conglomerate, lists first debt in Europe
Fosun International Limited, the largest privately owned conglomerate in mainland China, has listed its first debt security in Europe on the Irish Stock Exchange (ISE). Raised through Xingtao Assets Limited, the €500m 3.3% Senior Notes Due 2022 were listed on the ISE’s Main Securities Market on 9 October. Fosun, an insurance orientated investment group, provides a variety of insurance products, including property and casualty insurance, life insurance, health insurance and reinsurance. It is headquartered in Shanghai.