E-House cuts CB by 25% to $135 million

Credit Suisse also re-offers the deal at 97.5 to make the terms more attractive after the online Chinese real estate services provider receives insufficient demand from investors.

US-listed online real estate services provider E-House (China) Holdings was able to complete a $135 million convertible bond offering just before the start of US trading on Thursday, almost 36 hours after the deal first hit the market.

¬ Haymarket Media Limited. All rights reserved.

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