Yuzhou Properties finishes 2019 bond issuance

By Morgan Davis
22 Nov 2019

Yuzhou Properties Co became the latest Chinese borrower to wrap up its offshore issuance quota for the year after selling a $500m bond on Thursday.

The deal marked the Ba3/BB-/BB- rated borrower's sixth visit to the dollar market this year. Yuzhou's last offshore deal was a $500m 8.375% 2024 note sold at the end of October.

Given the strong market backdrop this week, Yuzhou decided to make its final outing ...

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