trending Market Intelligence /marketintelligence/en/news-insights/trending/vc4cogCHrPa5026OWYC5RQ2 content esgSubNav
In This List

Longfor Group issues 1st tranche of 2020 corporate bonds

Blog

Insight Weekly: Recession risk persists; Banks pull back from crypto; 2022 laggard stocks rally

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Insight Weekly: Inflation eases; bank M&A slows; top companies boost market share

Blog

Insight Weekly: PE firms shift strategies; bank earnings kick off; bankruptcies plummet


Longfor Group issues 1st tranche of 2020 corporate bonds

Longfor Group Holdings Ltd. issued the first tranche of its 2020 domestic corporate bonds in China, with a principal amount of 2.8 billion yuan, on Jan. 16 and Jan. 17.

The offering comprised 2.3 billion yuan of seven-year bonds with a 4.2% coupon rate and 500 million yuan of five-year bonds with a 3.55% coupon rate.

As of Jan. 20, US$1 was equivalent to 6.87 yuan.