Thursday, January 11, 2018
Chinese real estate enterprises turn to overseas market financing
ANBOUND
In the beginning of the year 2018, a number of real estate enterprises in China have issued overseas financing plans. Recently, Times Real Estate, Longhu Real Estate, Country Garden, R & F Properties and many other housing enterprises have announced the issuance of U.S. dollar senior notes, with circulation ranging from 100 million to 500 million US dollars. The tightening of domestic financing channels is seen as an important reason why the housing enterprises turned overseas to seek financing. At present, the passage of bank funds into the real estate by "detouring" has been pegged to by the regulators, and the housing enterprises have turned to financing the overseas markets.