China's Biggest Home Builder Issued USD 1Billion Convertible Bond in HK

China's biggest home builder said it sold HKD7.83 billion (USD1 billion) in a convertible bond after senior notes sales. China's biggest home builder country Garden said it sold USD 1billion convertible bonds on November 22 to refinance the debt due in January 2019. Goldman Sachs and JP Morgan are the coordinate for the sales.

The developer on 19 September 2018, said it issued USD425million notes coupon rate 7.125% due January 2022 notes.