Modern Land builds $350m HY green bond

By Addison Gong
01 Mar 2018

Modern Land (China) Co sold its third green dollar bond on Tuesday, as it remains the only Chinese green issuer from the high yield property sector.

Bookbuilding for Modern Land’s three year bond started at the low-8% area. BoCom International, BOSC International, Deutsche Bank, Guotai Junan International, HSBC, Shanghai Pudong Development Bank Hong Kong Branch, UBS, VTB Capital and Zhongtai International were the global co-ordinators, lead managers and bookrunners.

A banker close to the ...

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