KWG Property upsizes bond to $400 million despite Wen's speech

KWG upsizes its bond to $400 million after attracting a $1.5 billion order book. Separately, DBS revisits the bond markets with a $750 million subordinated bond.
<div style="text-align: left;"> The 320-room W hotel in Guangzhou, one of KWG's most recent projects </div>
<div style="text-align: left;"> The 320-room W hotel in Guangzhou, one of KWG's most recent projects </div>
March 16, 2012

KWG Property tested investors’ appetite for single-B rated bonds from property companies late Thursday night when it became the second Chinese real estate company to print a dollar bond this week, following hot on the heels of Agile Property.

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