China Evergrande revamps debut CB to net HK$18bn
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Asia

China Evergrande revamps debut CB to net HK$18bn

China property Fuzhou_230px

China Evergrande Group made its debut in the equity-linked market on Tuesday, raising a hefty HK$18bn ($2.3bn) from a convertible bond — but not before slicing a third off the original deal size and rejigging its structure.

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