(Bloomberg) -- Neo-China Group (Holdings) Ltd., a
Hong Kong-based builder, raised $400 million selling bonds after
increasing the yield and attaching warrants to attract demand.
The company priced the bonds, maturing in seven years, to
yield 9.75 percent, or 4.7 percentage points more than U.S.
Treasuries of similar maturity, according to data compiled by
Bloomberg. The company had sought a yield of 9.5 percent on July
10.
Read more at Bloomberg Bonds News
Hong Kong-based builder, raised $400 million selling bonds after
increasing the yield and attaching warrants to attract demand.
The company priced the bonds, maturing in seven years, to
yield 9.75 percent, or 4.7 percentage points more than U.S.
Treasuries of similar maturity, according to data compiled by
Bloomberg. The company had sought a yield of 9.5 percent on July
10.
Read more at Bloomberg Bonds News
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