Investors race to Longfor's debut IG deal

Morgan Davis

July 07, 2017 10:30 am

Horse race 230x150 — Justice Angel (right) ridden by Silvestre De Sousa wins The Perfection Secrets Handicap Stakes, during Boodles Ladies Day of the Boodles May Festival at Chester Racecourse. | Martin Rickett/PA Wire/Press Association Images

Longfor Properties Co's debut in the investment grade debt market tested the leads’ abilities to find appropriate pricing for the deal. But the result was a thumbs-up in primary and secondary, as investors flocked to the $450m bond.

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Topics

China Corporate Bonds Asia Greater China Haitong Securities Morgan Stanley Northeast Asia Asia Pacific Emerging Markets Goldman Sachs High grade and crossover bonds

MD

Morgan Davis

Deputy editor GlobalCapital Asia