by bondevalue | May 20, 2021 | China, High Yield Bonds
Chinese property developer Fantasia Holding Group has launched a tender offer of up to $100mn for its $500mn 7.375% 2021s. According to IFR, Fantasia is offering cash of $1,000 for every $1,000 in principal amount, plus accrued and unpaid interest for its bonds due in...
by bondevalue | May 12, 2021 | China, High Yield Bonds
Fantasia Holdings’ dollar bonds slumped 2-4% yesterday. While the reason for the fall is unclear, the Chinese property developer told Bloomberg that they are “closely monitoring the market” and plan to buyback bonds “with its ample cash”. “The company’s...
