LVGEM (China) Real Estate eyes RMB 2.6 billion corporate bonds

By Marisa Wong

Morgantown, W.Va., July 14 – LVGEM (China) Real Estate Investment Co. Ltd. announced it plans to issue up to RMB 2.6 billion of domestic corporate bonds in the second half of 2016.

The bonds will be issued through wholly owned subsidiary Zhengxinglong Real Estate (Shenzhen) Co., Ltd.

Pricing will be determined through a book-building exercise.

Proceeds will be used for general working capital purposes.

LVGEM is a property developer based in Hong Kong.

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