April 14, 2015 |
Central China Real Estate (Ba3/BB- M/S&P) is planning to sell USD 300 million 5NC3 bonds at 9.125%. Based on initial guidance OAS is 780 bps, providing around 220 bps premium above average OAS for ‘BB-’ Asian issuers and around 100 bps above its own issues.
Company: Central China Real Estate
|Full company name||Central China Real Estate Limited|
|Country of risk||China|
|Country of registration||Cayman Islands|
|Industry||Construction and development|