China Resources Land applies for quota for panda bond sale


BEIJING:China Resources Land Ltd. has applied to Chinese regulators for a 20 billion yuan (US$308.4mil) quota to sell bonds as an offshore issuer in the domestic market, according to people with direct knowledge of the matter.

The sale, if it happens, would be the first panda bond sold by a Chinese property company in the country's interbank market, according to Bloomberg data.

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Business , China Resources Land , bonds

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