Sino-Ocean Land prices $1.2b bond

The company is the first Chinese property developer to launch a dual-tranche debt offering, defying market fears towards a sector that is seeing increasing defaults.

Sino-Ocean Land raised $1.2 billion from a dual-tranche bond on Wednesday, breaking through the gloom that has beset the Chinese real estate sector in recent weeks and which continues to cast a pall.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media