Greentown taps dim sum arbitrage opportunity

Greentown China adds to the widening high-yield dim sum bond universe with a Rmb2.5 billion debut deal.
<div style="text-align: left;"> Chinese property developers are starting to take advantage of dim sum issuance </div>
<div style="text-align: left;"> Chinese property developers are starting to take advantage of dim sum issuance </div>
May 08, 2013

Greentown China tapped the market on Monday night with a Rmb2.5 billion ($405 million) debut three-year dim sum bond, becoming the latest China property company to take advantage of liquidity in the dim sum bond market.

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