Shimao jumps at 10yr tenor for new bond

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Shimao jumps at 10yr tenor for new bond

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Shopping cart filled with one hundred dollar bill rolls, shallow depth of field, color toning applied. | Photographer: Maciej Bledowski/MaciejBledowski - stock.adobe.com

Shimao Group Holdings offered bond investors a rare 10 year tenor from the Chinese property industry, pricing the $300m deal inside of fair value.

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