Yuexiu Property to raise Rmb2.85bn in green bond offering

Proceeds from the three-year notes will be mostly used to refinance maturing debentures.

Guangdong-based Chinese developer Yuexiu Property has proposed a Rmb2.85 billion ($400 million) green bond issuance on the Hong Kong Stock Exchange (HKEX). The three-year, 3.3% notes are expected to debut on or after November 3.

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