Evergrande underscores development of synthetic renminbi bonds with jumbo deal
Evergrande Real Estate Group was planning to close a synthetic renminbi bond worth as much as $1.5bn as EuroWeek Asia went to press on Thursday. The deal will be by far the largest synthetic renminbi issue yet, and shows the speed at which the market has developed to become a key area of activity in Asia’s bond market.
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