Link Holdings brings first green bond by Asia Reit

Hong Kong's first listed Reit makes its green bond debut with a transaction that prices through its secondary market curve.

Link Holdings brings first green bond by Asia Reit

Hong Kong-listed Link Real Estate Investment Trust made its green bond market debut on Thursday with a $500 million issue, which priced through its secondary market curve.

The combination of fairly aggressive pricing and a more subdued credit market backdrop led to an order book that peaked at $2 billion, according to one syndicate banker. This was not quite as impressive as order books earlier this week but still a healthy four times oversubscribed.

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