A China Evergrande housing project in Hong Kong’s Tuen Mun district. Photo: May Tse A China Evergrande housing project in Hong Kong’s Tuen Mun district. Photo: May Tse
A China Evergrande housing project in Hong Kong’s Tuen Mun district. Photo: May Tse

Heavily indebted developer China Evergrande to sell onshore bonds worth US$1.3 billion

  • Proceeds from the sale will be used to meet an early repayment request on bonds maturing in 2023
  • Hengda Real Estate, the company’s Shenzhen unit, has proposed the bond sale, according to documents filed with the city’s stock exchange

Topic |   China property
A China Evergrande housing project in Hong Kong’s Tuen Mun district. Photo: May Tse A China Evergrande housing project in Hong Kong’s Tuen Mun district. Photo: May Tse
A China Evergrande housing project in Hong Kong’s Tuen Mun district. Photo: May Tse
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