Agile, KWG, Sino-Ocean’s Dollar Bonds Drop 10-14%
Dollar bonds of more Chinese property developers continue to fall with bonds of Agile and KWG dropping 10-14%. In particular, Agile’s 6.05% 2025s and KWG’s 5.875% 2024s fell over 14% yesterday, and currently trade at 54.7 and 61.38 cents on the dollar....
Times China, Zhenro, KWG Dollar Bonds Drop Sharply
Dollar bonds of Chinese property developers continue to trade weaker. Some bonds of Times China, Zhenro and KWG fell over 10% while most were down over 6% yesterday. The mayhem across the sector continues more a couple of months after Evergrande’s troubles with...
