CB offering

Chinese developer upsizes CB to $284 million

Generous pricing and support from DBS boosts demand for China Overseas Grand Oceans Group's Hong Kong dollar-denominated CB.
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Potential buyers check out a property fair in the Chinese city of Hangzhou (AFP)</div>
<div style="text-align: left;"> Potential buyers check out a property fair in the Chinese city of Hangzhou (AFP)</div>

China Overseas Grand Oceans Group, a state-backed Chinese property developer, early yesterday morning priced its Hong Kong dollar-denominated convertible bond issue at the issuer friendly end and exercised part of the upsize option for a total deal size of HK$2.2 billion ($284 million).

¬ Haymarket Media Limited. All rights reserved.

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