KWG pays up for $350 million bond

Brace yourself for more new issues. A flurry of investor meetings for Megaworld, Winsway and Woori Bank are set to hit the market.
China property developers are still raising funds
China property developers are still raising funds

On Wednesday night, PRC real estate developer KWG Property priced a $350 million five-year non-call three bond. The notes were bid at 100.375 in secondary markets yesterday, slightly above the par issue price.

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