Deal competition hits Yanlord as loan shrinks
![china_building_property_230px](https://assets.euromoneydigital.com/dims4/default/ba8be4c/2147483647/strip/true/crop/230x150+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F36%2F4a%2F793ebe07c39003d78f6adad5de66%2Fchina-building-property-230px.jpg)
Property developer Yanlord Land Group has cut the size of its fundraising to $385m from its launch size of $400m, as a combination of low pricing and competition from similar credits in the market made the deal a hard story to sell.
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