New World Development prices $950m unrated bond

The Hong Kong property group returns to the US dollar bond market with a seven-year offering.

Ray Chan

November 23, 2015

Hong Kong real estate developer New World Development returned to the international bond markets on Friday, raising $950 million through the sale of a seven-year unrated note.

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#investment grade
#new world development
#hsbc
#bank of america merrill lynch
#property