Evergrande lays foundations for high-yield bond debut

11 Jan 2010

Chinese developer Evergrande Real Estate Group will kick off a series of meetings with bond investors on Wednesday as it looks to make its debut in the dollar markets before the end of next week.

The issuer has not yet settled on firm size, maturity or price targets but it is understood to be targeting a benchmark issue, typically worth at least $500m.

Bank of China International, Goldman Sachs and Merrill Lynch will handle meetings in Hong Kong on Wednesday and Thursday, before ...

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