Agile sells its third perp of 2019, nabs $200m

By Morgan Davis
19 Nov 2019

Chinese property company Agile Group Holdings wrapped up its bond issuance for the year on Monday, raising $200m from its fourth deal of 2019.

The high yield credit sold a $500m 6.7% 2022 bond in February, followed by three perpetual trades.

The perpetual non-call 5.5 year bond sold on Monday was structured similarly to the Ba2/BB rated company's $500m 7.875% perp, its $500m 6.875% perp and its $700m 8.375% ...

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