China Aoyuan opens dollar bond market

Proceeds from the three-year notes will be mostly used to refinance maturing debentures.

The Chinese property giant's debt woes will not seriously affect China’s property sector, according to analysts; however, a restructuring might be on the cards.

Several warnings, including from ratings agencies, have been issued, as the two giant Chinese property developers continue to struggle as losses mount.

The HKEX listed aluminium giant will use the money to stockpile bauxite, refinance debt, to invest in overseas projects, share repurchases and for general corporate purposes; it also made a concurrent share repurchase.

As investors mull US interest rates and Chinese policy moves, the Xiamen-based company returns to the dollar bond market

The Guangzhou-based property firm demonstrated the flexibility of China’s bond regulator, selling a bond after its approval had officially expired. Here is how it did it.