IG developers Shimao, Coli go long on dollar bonds

By Addison Gong, Silas Brown
09 Jul 2019

Shimao Property Holdings and China Overseas Land and Investment took advantage of a strong market backdrop and renewed investor interest in duration to price seven and 10 year bonds, respectively.

Shimao’s seven year non call four year bond was announced at the 6% area on Monday morning Hong Kong time. Bank of East Asia, China International Capital Corp, Deutsche Bank, Goldman Sachs, HSBC, Morgan Stanley, Standard Chartered, SMBC Nikko and UBS were the global co-ordinators, lead managers and ...

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