Guorui Properties, a Guangdong-based property developer, sold a tightly-priced three put two-year bond on Tuesday, raising $300 million from its debut in the US dollar market.
The Reg-S deal was launched ahead of the US Federal Reserve’s two-day monetary policy meetings, which investors are closely watching in an anticipation of a near-certain rate hike as well as for crucial clues about how quickly US interest rates will go up in the future. The futures market...