China property flurry continues with four new bonds

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By Rashmi Kumar
19 Jan 2021

Four Chinese high yield property companies had the dollar market to themselves on Monday as a public holiday in the US kept other Asian issuers at bay. But the borrowers raised just modest amounts to tackle some of their refinancing needs.

Chinese property companies have offered a steady source of deal flow since January 1, raising about $9.77bn year-to-date from public dollar bonds, according to Dealogic data. While the number falls short of the $12.8bn raised by the sector during the same time in 2020, it has helped add ...

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