Agile scrapes up $200m in choppy conditions

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By Lewis McLellan
12 Jul 2018

Agile Group Holdings printed a smaller-than-expected $200m bond on Wednesday, struggling to source demand in spite of a generous yield, raising questions about the timing of the transaction.

Agile, a property development company headquartered in Hong Kong, hit screens on Wednesday for a three year bond callable after two years. HSBC, ICBC (Asia), Standard Chartered and UBS were the global coordinators, while BNP Paribas, BoCom International, China Citic International and Industrial Bank were the bookrunners and ...

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