Guorui finds lifeline ahead of bond put

By Addison Gong
13 Mar 2019

Chinese developer Guorui Properties is on track to redeem a puttable dollar bond later this month after pricing a new $295m transaction, bringing an end to debt refinancing woes that have lasting for months.

“The time left for refinancing is running out for China-based developer Guorui Properties,” S&P Global ratings, which rates the company at CCC, wrote in a report at the start of the month.

At the time, Guorui had just completed the issuance of a $160m offshore bond ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.