Evergrande tears up old plan, rings changes for mammoth CB
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Asia

Evergrande tears up old plan, rings changes for mammoth CB

China Property (resized 230)

China Evergrande Group attempted the largest Asian convertible bond in nearly two decades this week. But after investors baulked, the company pulled off one of the starkest changes of direction to a live deal GlobalCapital Asia has ever seen, relaunching with a new structure, a smaller deal size and a bigger bookrunning group, writes Jonathan Breen.

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