China's Agile may price $300 mln bond Wed -source

Tue Nov 3, 2009 10:54pm EST
 
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HONG KONG, Nov 4 (Reuters) - Chinese property developer Agile Property (3383.HK) could price a seven-year dollar bond not callable for four years on Wednesday, a source close to the deal said.

The company has indicated it expects to price the $300 million issue to yield around 10.5 percent, the source said.

BofA Merrill Lynch (BAC.N) and HSBC (HSBA.L)(0005.HK) are handling the sale. (Reporting by Umesh Desai; Editing by Jacqueline Wong)

 

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