News Column

Greenland Issues CNY2bn Corporate Bonds for Affordable House

May 22, 2014

SHANGHAI, May 22, SinoCast -- Greenland Group has triggered the issue of CNY 2 billion six-year fixed-interest-rate corporate bonds. Proceeds will be totally used to develop and construct large residential communities and affordable housing projects in Shanghai.

Nominal annual interest rate will be fixed on the base of the Shibor and the benchmark one.

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: Sinocast Construction & Real Estate Beat (China)

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters