Reported about 7 hours ago
Greentown China Holdings Ltd. is set to launch a dollar bond to refinance its debts, marking the first such issuance from a major Chinese builder since early 2023. The company plans to offer a three-year note with a yield guidance of approximately 8.85%, pending market conditions. This move reflects efforts to stabilize the real estate sector in China, which has faced significant challenges and liquidity issues in recent years.
Source: YAHOO