Zhuhai Huafa sells $235m offshore renminbi bond

The Chinese real estate developer raises Rmb1.5 billion via a three-year note, offering a coupon rate of 5.25%.

Zhuhai Huafa, a real estate developer in the city of Zhuhai in Guangdong province, returned to the offshore renminbi bond market on Wednesday, raising Rmb1.5 billion ($235 million) through the sale of another three-year note.

¬ Haymarket Media Limited. All rights reserved.

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