China Evergrande launches $3b convertible perp

Jonathan Breen

January 30, 2018 10:30 AM

China_apartments_230px — Apartment blocks in Hong Kong, China, East Asia. | mstyslav-chernov.com

Property developer China Evergrande Group opened books for a HK$23bn ($2.9bn) perpetual convertible bond on Tuesday evening, a deal that was much sought after by banks.

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Topics

Deutsche Bank Credit Suisse UBS Equity Bank of America Citi Hong Kong SAR Asia Greater China Haitong Securities Northeast Asia Asia Pacific Emerging Markets Equity-Linked

JB

Jonathan Breen

Equities editor GlobalCapital Asia