Nan Fung manages liabilities with $500m perp

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Nan Fung manages liabilities with $500m perp

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Aerial view of Yick Fat Building, Quarry Bay, Hong Kong. Residential area in old apartment with windows. High-rise building, skyscraper with windows of architecture in urban city. | tampatra - stock.adobe.com

Hong Kong property developer Nan Fung International Holdings returned to the market with a $500m fixed-for-life perpetual bond in a bid to manage its liabilities and score lower interest rate for its debt.

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