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.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
