Road King issues 2.2 billion yuan dim sum bond

Road King Infrastructure has priced a 2.2 billion yuan (HK$2.8 billion) dim sum bond. The three-year bond has a yield of 6 per cent.

The issuer develops property and owns toll roads on the mainland. It is rated B1 by Moody’s and BB- by Standard & Poor’s.

via Business feed http://www.scmp.com/business/banking-finance/article/1367000/road-king-issues-22-billion-yuan-dim-sum-bond