NWD offers attractive terms for $950m bond deal

Addison Gong,

Silas Brown

July 12, 2019 11:00 am

Dollar_wallet_Fotolia_230x150 — a wallet full of dollars | Piotr LATACHA/piotr290 - Fotolia

Blue chip Hong Kong issuer New World Development Co has priced a 10 year bond worth $950m, after the leads decided to start bookbuilding at a generous level to build momentum.

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Topics

UBS Citi Corporate Bonds High yield Hong Kong SAR Asia Greater China Mizuho Northeast Asia Loans and High Yield LevFin High Yield Bonds Asia Pacific LevFin Emerging Markets HSBC High grade and crossover bonds

AG

Addison Gong

SSA editor GlobalCapital

SB

Silas Brown