Ronshine taps 2022 bond again for $265m

By Morgan Davis
10 Oct 2019

Chinese property company Ronshine China Holdings brought its 2022 notes to the market again on Wednesday, tapping the 8.75% bonds for a second time and adding $265m to its coffers.

The B2/B+/BB- rated borrower sold the initial $200m 8.75% 2022 notes in April, before returning to tap the bonds for another $235m in June. 

The original transaction was led by Bank of America, Bank of East Asia, CEB International, CLSA, Credit Suisse, Deutsche Bank, Guotai Junan International, Hiatong International, ...

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