yuzhou properties

The rush to sell bonds before Chinese New Year has brought issuance to a year-to-date record.

Some bond investors worry that anchor accounts hold too much sway with small deals. But Yuzhou Property is unlikely to complain.

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

A fifth Chinese developer taps the market in September, injecting $300 million into the global high-yield bond market.

Fujian-based developer Yuzhou Properties attracts a $9 billion book for its $250 million high-yield bond.

Property developer Shui On Land yesterday priced Rmb3 billion of three-year renminbi-denominated bonds. Investors piled into the deal, resulting in an impressive Rmb32 billion order book.

Chinese developer Yuzhou Properties braved challenging market conditions to price its $200 million five-year bond last night, making it the second Asian issuer to return to the G3 bond market this week after Hongkong Electric.