Greater China borrowers swarm dollar market

China_property_Adobe_26July
By Morgan Davis, Rashmi Kumar
15 Jan 2021

The frenetic pace of dollar bond issuance from Greater China continued on Thursday as three property companies and two government linked names courted investors.

Wheelock and Company, an unrated Hong Kong-based property company, broke a seven-year absence from the dollar bond market for a $500m trade that was sealed inside of some fair value estimates.

The firm held investor calls on Wednesday, before hitting the market on Thursday. It offered ...

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