Central Plaza draws $3.2bn of demand for dim sum
Central Plaza Development built one of the year’s largest orderbooks for a dim sum deal late last week, after yield-hungry investors turned out in force for its three year offering.
The borrower sold a 7.6% Rmb2bn ($318m) November 2015 deal after receiving Rmb20bn of orders from 130 accounts. The heavy bid showed that investors are still ready and waiting for the right names to tap the market before the end of the year, said bankers.
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