Greentown perp boasts tight senior sub gap

© 2026 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Greentown perp boasts tight senior sub gap

Greentown China Holdings priced a $500m perpetual bond on January 20. But despite being one of a herd of Chinese property bonds priced so far this year, the issuer surprised some debt bankers by paying a historically small premium over its senior curve.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request demo or Login
  • 4,000 annual insights
  • 700+ notes and long-form analyses
  • 4 capital markets databases
  • Daily newsletters across markets and asset classes
  • 2 weekly podcasts
Gift this article