KWG bond issue taps market for US$300m

KWG Property is marketing US dollar bonds less than two weeks after scrapping an offering.

KWG, whose projects include the five-star Sheraton Huadu Resort in Guangzhou, was seeking to sell as much as US$300 million of seven-year notes yielding about 9.25 per cent, a person familiar with the deal said.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1138940/kwg-bond-issue-taps-market-us300m