Fantasia returns to G3 bonds

The Hong Kong-listed property group returns to the US dollar bond markets after funding costs fall.

Fantasia returns to G3 bonds

Hong Kong-listed Fantasia returned to the international bond markets for the first time in just over a year on Tuesday, raising $400 million through the sale of a five-year non-call three bond.

It was a pretty smooth deal given its relatively small in size, said one syndicate banker. The new print was a investor-friendly one.

This was not that surprising given the secondary market backdrop of widening spread levels, but the deal...

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