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Published on 12/5/2022 in the Prospect News Emerging Markets Daily.

New Issue: China’s Radiance sells RMB 1.2 billion 4% three-year bonds

By Wendy Van Sickle

Columbus, Ohio, Dec. 5 – Radiance Group Co. Ltd., a wholly owned subsidiary of Radiance Holdings (Group) Co. Ltd., has priced RMB 1.2 billion of 4% three-year corporate bonds, representing the first issuance of bonds for the company in 2022, according to a notice on Monday.

The real estate development company is based in Beijing.

Issuer:Radiance Group Co. Ltd.
Obligor:Radiance Holdings (Group) Co. Ltd.
Amount:RMB 1.2 billion
Issue:Corporate bonds, first tranche of 2022
Tenor:Three years
Coupon:4%
Settlement date:Dec. 5

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