China property issuers storm dollar market

China_property_Adobe_27July
By Morgan Davis
06 Aug 2020

Chinese real estate borrowers swarmed the international bond market on Wednesday, raising a combined $1.05bn across four transactions.

Yuzhou Group Holdings Co, a Shanghai-based property developer, sold a green bond worth $300m.

The Reg S notes will be used to refinance Yuzhou’s medium to long term debt that will be due within a year. The transaction was marketed in tandem with a tender offer ...

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