road king

RKE International IPO yields Xiongan play

Hong Kong listed Road King splits off its Chinese toll roads into a new vehicle, hoping to ride sentiment towards the government's major infrastructure initiatives, such as Belt and Road.

June 22, 2017

Road King digs potential new pothole for investors

The Chinese infrastructure developer brings its second fixed-for-life perpetual of the year and gets a thumbs up from investors, seemingly oblivious to interest rate risks.

June 20, 2017

Investors flock to Road King's $300m perpetual

The Hong Kong-listed property developer increases the size of its bond after attracting more than $5.5 billion of demand.

February 14, 2017

Chinese G3 bond issuance speeds up

Another busy day but better pricing for investors as issuers make allowances for a heavy pipeline and the poor trading performance of recent deals.

August 30, 2016

Country Garden pays up for largest high-yield corporate bond from China

Country Garden prices a $900 million seven-year non-call four bond at a generous 11.25% yield amid bearish reports on the property sector.

February 17, 2011

Road King prices $350 million senior notes at 9.5%

The deal is more than six times covered, allowing the repeat issuer to price at the tight end of guidance.

September 14, 2010

Country Garden reopens high-yield market with $300 million issue

Chinese property developer Country Garden issues Asia's first true high-yield bond in 14 months with an 11.75% five-year deal arranged by J.P. Morgan.

September 02, 2009

Road King prices high-yield bond in line with guidance

The company's forthcoming IPO plays a key role in the pricing of the $350 million deal.

May 07, 2007

Bookrunners bank on hot market for risky Road King credit

Road King's diversification into property development causes concern for some investors as the company lines up for a $300 million fixed and floating note transaction.

May 02, 2007