China SCE prices RMB synthetic; China South opts for dollar bond

China SCE Property prices a Rmb2 billion synthetic offshore renminbi bond, while China South City opts for dollar funding with a $250 million bond.

Denise Wee

January 10, 2011

Two similarly rated high-yield Chinese property developers priced bonds last Friday, but they chose different routes for their fundraising. The first to price was trade centre developer and operator China South City, which tapped the US dollar bond market with a $250 million five-year non-call-three issue.

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