Double tap: Sunac nets $320m from two bonds

Sunac China Holdings tapped two of its dollar bonds on Thursday, using up the $320m left of its offshore issuance quota.
The original $500m 6.65% 2024 bonds, which raised $120m from the tap, were initially sold in July 2020. The company's $400m 7% 2025 notes, which added $200m on Thursday, were printed earlier that same month.
The issuer has not been in the offshore dollar market since, but ...Already a subscriber? Login