Guangzhou R&F makes quick comeback for $325m

By Rashmi Kumar
25 Feb 2021

Guangzhou R&F Properties Co made a rapid return to the debt market this week for a $325m bond that proved popular with investors in the primary and secondary markets.

The Chinese property company kicked off its 3.5 non-call 2.5 year senior transaction at the 12% area on Wednesday morning. By late afternoon, the deal had received orders of more than $1.6bn, of which $170m came from the lead managers. This traction allowed the bookrunners to announce final ...

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