Chinese property firms bring debt home

Chinese developers want to buy back their offshore bonds to take advantage of cheaper coupons at home. But will international investors agree to sell?

Chinese property firms bring debt home

China’s property companies are used to rapidly constructing assets. In the past year, they’ve taken those skills into the financial realm.

Increasing numbers of real estate firms have looked to replace expensive international debt with cheaper onshore funding, after finally being given access to China’s  onshore bond market in January.

According to data-tracking firm Dealogic, China’s property developers have already raised $60 billion via domestic bonds this year. They look...

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