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Chinese developers started looking to bond markets for funds again around March this year. Agile Property Holdings Ltd. sold a $700 million five-year bond priced at 9.875% that month, with the bond nine times oversubscribed.
KWG Property Holding also sold $400 million worth of five-year bonds priced at 13.5%, but issuance has taken a breather since………………………………………..Full Article: Source
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Real Estate Briefing - Categorized | Developers, Finance more
High-yield window open for Chinese developers?
| Posted on 24 August 2012 |
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