LVGEM tiptoes into refinancing trade

Morgan Davis

March 04, 2020 07:45 AM

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LVGEM (China) Real Estate Investment Co raised $450m as part of a new money and exchange offer on Tuesday. The borrower opted for an exchange offer on its old 2020 bond as a way of reducing the impact of recent volatility.

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Nomura UBS China Corporate Bonds High yield Asia Greater China Bank of Communications Haitong Securities Northeast Asia Loans and High Yield LevFin High Yield Bonds Asia Pacific LevFin Emerging Markets DBS

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Morgan Davis

Deputy editor GlobalCapital Asia