Yuexiu bags $1.2bn as Founder Group finds PB support

Addison Gong

April 13, 2018 10:00 am

Dollars_Franklin_eyes_cash_Adobe_230x150 — Macro shot of US One hundred dollar bill. | Bart Sadowski/bartsadowski - stock.adobe.com

Yuexiu Property Company priced a two-tranche dollar bond on Thursday but decided to ditch a potential offshore renminbi deal. Separately, Peking University Founder Group Co returned with another bond with a keepwell structure for $425m.

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Topics

Nomura Deutsche Bank China Minsheng Banking Corp China China Everbright Bank Co Corporate Bonds Asia Greater China Bank of China Northeast Asia Guotai Junan Securities Co Loans and High Yield LevFin High Yield Bonds Asia Pacific DBS Barclays High yield Morgan Stanley LevFin Emerging Markets HSBC High grade and crossover bonds

AG

Addison Gong

SSA editor GlobalCapital