China's Country Garden marketing benchmark dollar deal in Asia, Europe

By Paul A. Harris

St. Louis, April 7 - Chinese property developer Country Garden Holdings Co. Ltd. will hold a roadshow for a benchmark offering of dollar-denominated seven-year senior notes (Ba3/BB-) in Asia and Europe beginning on Friday, according to a market source.

The roadshow wraps up during the middle part of the April 12 week.

Goldman Sachs & Co. and JPMorgan are the joint bookrunners.

Proceeds will be used to refinance the Hong Kong-based company's outstanding convertibles.

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