(Bloomberg) -- Hong Long Holdings Ltd., a Chinese
developer of residential and commercial properties, plans to
sell as much as $200 million of high-yield bonds to
international investors for the first time, according to
Standard & Poor's.
The company's debt is rated B, five levels below investment
grade, by S&P. The dollar-denominated bonds will mature in five
to seven years, the credit assessor said in a statement today.
Read more at Bloomberg Bonds News
developer of residential and commercial properties, plans to
sell as much as $200 million of high-yield bonds to
international investors for the first time, according to
Standard & Poor's.
The company's debt is rated B, five levels below investment
grade, by S&P. The dollar-denominated bonds will mature in five
to seven years, the credit assessor said in a statement today.
Read more at Bloomberg Bonds News
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