Greater China issuers close out year of the pig

By Morgan Davis
22 Jan 2020

Three companies from the Greater China region sealed bonds on Tuesday, likely to be the last batch of issuers to tap the debt market before the Chinese New Year break begins. No Asian borrowers launched dollar deals on Wednesday.

Hengda Real Estate Group Co, a subsidiary of China Evergrande Group, raised a whopping $4bn across two tranches of notes.

Parent Evergrande was in the market as recently as last week with a $1bn 11.5% 2023 bond and a $1bn 12% 2024 note. They were ...

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