Yuzhou Properties, HK Electric return with dollar bonds

Chinese developer Yuzhou Properties braved challenging market conditions to price its $200 million five-year bond last night, making it the second Asian issuer to return to the G3 bond market this week after Hongkong Electric.

China's Yuzhou Properties last night braved the tricky year-end market to successfully price its debut $200 million high-yield bond. The small-cap Fujian-based property developer was returning to the market after delaying its bond issue last month.

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