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