Future Land finds dollar debut uphill struggle
Future Land Development Holdings made its debut in the dollar bond market at the end of last week. The borrower managed to print a modestly oversubscribed $200m five non-call three deal, but investor fatigue amid a glut of Chinese property supply made execution difficult, said bankers.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts