China’s Agile Property unit Guangzhou plans RMB 1.6 billion of bonds

By Susanna Moon

Chicago, Dec. 29 – Agile Property Holdings Ltd. said wholly owned subsidiary Guangzhou Panyu Agile Realty Development Co., Ltd. plans to issue up to RMB 1.6 billion of corporate bonds (AA/AA+).

Agile plans to issue the bonds in a single tranche, and the bonds will be listed on the Shanghai Stock Exchange, according to a company notice.

China Merchants Securities Co., Ltd. and Guotai Junan Securities Co., Ltd. are the joint lead underwriters.

Agile Property is a Hong Kong-based property development company.

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