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.

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