Country Garden Holdings sold US$600 million of five-year bonds in Hong Kong on Wednesday, the latest in a recent string of issuances that signal a relaxation of policy curbs to raise funds by Chinese property developers.
Country Garden said the bonds would pay a coupon of 4.74 per cent and would have an option for the company to redeem prior to the maturity.
Goldman Sachs and Deutsche Bank were the joint global coordinators. Proceeds will be used for refinancing early redemption of the 2019…
Source : South China Morning Post
Read more…Country Garden sells bonds as Beijing relaxes fund-raising curbs















