Fantasia reopens 2022 bond for $200m return

China_property_Adobe_27July
By Alice Huang
12 Aug 2020

Chinese property developer Fantasia Holdings Group Co reopened a bond initially sold three years ago in a bid to lower its funding costs, taking $200m from the tap.

B2/B/B+ rated Fantasia is a frequent dollar bond issuer. This year alone, the company sold a $450m 10.875% 2023 bond in January, a $300m 11.875% 2023 note in May and a $350m 9.25% 2023 trade in late July.

For its fourth outing of the year on Tuesday, the company ...

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