Xinyuan Real Estate joins dollar bond rush

Risk-on appetite helps the US-listed Chinese property developer to price a new $300 million bond, after drawing more than $3.2 billion of orders.

Ray Chan

February 22, 2017

US-listed Xinyuan Real Estate met with strong investor demand on Tuesday as it became the latest mainland Chinese property developer to tap dollar bond markets, raising $300 million from a four-year bond to refinance some of its more expensive outstanding debt.

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