Ganglong China makes dollar bond debut

China_property_Adobe_24July
By Morgan Davis
26 Nov 2020

Unrated real estate company Ganglong China Property Group sold its maiden dollar bond on Wednesday, nabbing $150m from the high yield transaction.

Global co-ordinators CMB International and Guotai Junan International began marketing the 364 day bonds at a final price guidance of 13.5% on Wednesday morning local time. China Vered Financial, Glory Sun Financial, HeungKong Financial, Huajin Securities (International) and Seazen Resources were also on the senior Reg S trade ...

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