Country Garden unveils interbank Panda offer

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By Noah Sin
17 Jan 2018

Property developer Country Garden Holdings is planning a return to the Panda bond market on Friday, after approaching onshore investors with a Rmb1.8bn ($279.8m) three year bond. It will be the first time the company has sold a Panda in the interbank bond market.


Few borrowers can rival Country Garden’s record in the Panda bond market. The Hong Kong-listed company was one of the first red chip issuers to tap the asset class and after it sealed a Rmb10bn deal in the exchange market in 2016, it continues to hold the ...

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