Ronshine finishes off issuance quota with tap

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By Morgan Davis
21 Oct 2019

Ronshine China Holdings added $120m to its coffers on Friday after a tap of its $300m 2023 notes, using up the last of its offshore issuance quota.

The B1/B+/BB- rated property company has visited the dollar market a number of times this year. It most recently tapped its 8.75% 2022 bonds for $265m on October 9. The original transaction raised $200m in April, and was tapped for another $235m in June.

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