Helenbergh China pays 13.5% in ‘buyer’s market’

By Addison Gong
08 Oct 2019

Real estate developer Helenbergh China Holdings has priced its first dollar bond, raising $300m amid constant demand for yield from investors.

Global co-ordinators CCB International and Haitong International set the initial price guidance for Helenbergh’s two year bonds at the 13.75% area last Friday morning local time, before pricing the $300m 2021s at 13.5%.

The Reg S notes, guaranteed by the company's offshore subsidiaries, were sold at a ...

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