Free Trial

China Expands Scale For Developers' Bailout Via Bond Issue Support

CHINA PRESS
MNI (Singapore)

China’s regulators have further eased refinancing controls and have allowed more developers to issue new debt in a bid to ensure house delivery, China Business Network reported on Friday. Some developers which were struggling to repay domestic and overseas debt have been approved for bond issuance recently, indicating regulators are expanding the scale of the bailout, analysts pointed out. As a result, the property sector is expected to accelerate debt raising in the first half of the year as all financing channels, including bank credit, bond issuance, as well as equity will be available, analysts noted.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.