CCRE boosts yield to rescue bond sale

Central China Real Estate priced a $200 million bond this week. But it had to pull the deal back from the brink of collapse amid tough market conditions and claims of overly aggressive pricing.

Central China Real Estate (CCRE) raised $200 million from a five year non-call three bond on Tuesday, but only after abandoning a plan to price inside its own curve.

¬ Haymarket Media Limited. All rights reserved.

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