China Vanke to offer rare debut high-grade property bond

But the company kicks off meetings shortly China's State Council issues tightening measures.

China Vanke to offer rare debut high-grade property bond

China’s biggest residential property developer China Vanke is planning a debut US dollar bond, offering investors the chance to buy a rare high-grade bond out of the China property sector.

The company kicks off investor meetings in Hong Kong, Singapore and London today. Bank of China Hong Kong, Deutsche Bank, DBS, HSBC, J.P. Morgan and UBS are arranging the meetings. According to one source, Vanke is looking at a longer tenor,...

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