Country Garden $750 million bond adds to flurry of property issues

China’s seventh largest property developer is the fourth mainland real estate group to tap global markets in September.
As real estate prices continue to soar, most Chinese developers are again boosting land purchases, meaning they are likely to tap offshore markets.
As real estate prices continue to soar, most Chinese developers are again boosting land purchases, meaning they are likely to tap offshore markets.
September 26, 2013

Country Garden, China’s seventh largest property developer, raised a $750 million seven-and-a-half year high-yield bond on Wednesday night, the latest in a flurry of mainland property companies to tap the market this month.

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