Country Garden returns but bond raises questions

The property firm returns to the dollar bond market this week, pulling off a deal it was forced to abandon in November. But unlike the last attempt, the company's latest bond sells under the radar.

Chinese property company Country Garden raised $350 million from a 10-year bond on Wednesday evening, structuring the deal with call and put options after five years and paying a coupon of 5.625%.

¬ Haymarket Media Limited. All rights reserved.

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