Agile Property sells $500 million CB

The Chinese developer achieves the highest conversion premium for an Asian CB in more than three years, and still manages to upsize the deal by 25%.
Chinese workers at yet another property projct.
Chinese workers at yet another property projct.
April 07, 2011

Agile Property Holdings last night raised $500 million from an upsized convertible bond that met with enthusiasm from investors, despite aggressive-looking terms.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media